The price of ferrous scrap imported into India rose this week in response to positive sentiment on the return of traders to the market after the Christmas and New Year holidays, sources told Fastmarkets.
Fastmarkets' steel scrap, shredded, index, import, cfr Nhava Sheva was $312.17 per tonne on Friday January 3, up from $307.54 per tonne on Friday December 27."India has...