The price of ferrous scrap imported into India moved down further this week, with market conditions continuing to worsen, sources told Fastmarkets on Friday March 13.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $297.50 per tonne on Friday, down from $302.54 per tonne one week earlier."There is no business this week," a seller said, "and there was the Holi festival. There...