INDIA IMPORT SCRAP: Prices move down in slow market

December 01, 2018 / www.metalbulletin.com / Article Link

The price of shredded ferrous scrap imported into India fell by almost $10 per tonne this week due to limited trading activity, sources told Fastmarkets on Friday November 30.

Fastmarkets' weekly index for containerized imports of shredded scrap into India was $340.75 per tonne cfr Nhava Sheva on November 30. This was down by $9.78 per tonne week on week from $350.75 per tonne cfr on November 23.Deals for the material were heard at $340 per tonne cfr, while offers for...

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