Tag: South Asia scrap imports

  • South Asia: Imported scrap offers up; Indian buyers inactive

    South Asia: Imported scrap offers up; Indian buyers inactive

    South Asia’s imported scrap prices went up further in recent deals. Mills are actively procuring before the Eid holidays. Indian mills are mostly quiet, awaiting a clearer picture. Around 2,000 t of UK-origin shredded is being traded at $470-472/t, CFR Qasim. SteelMint’s assessment of UK-origin shredded scrap stands at $472/t CFR Pakistan, an increase of…