The price of ferrous scrap imported into India dropped further this week, although trading was more active, sources told Fastmarkets on Friday February 7.
Fastmarkets' calculation of the steel scrap, shredded, index, import, cfr Nhava Sheva, India, was $284.44 per tonne on Friday, down from $291.99 per tonne one week before, marking the fourth consecutive week of price decreases.Market participants agreed that prices...