Tag: US
-
Shredded Scrap Offers fall to USD 403-404/MT CFR India
Falling India currency and sluggish demand lowered buying interest for imported Scrap. Imported Scrap offers for shredded Scrap from US & Europe have further slipped by USD 2-3/MT this week. Currently, delivered price is at USD 403/MT CFR Nhava Sheva. But, longer delivery time from US to India led to preference for Scrap imports from…