The price of ferrous scrap imported into India in containers has increased over the past week, supported by better demand and reduced availability, sources told Fastmarkets on Friday August 14.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $309.64 per tonne on Friday, up by $5.46 per tonne week on week from $304.18 per tonne on August 7.Two other sources confirmed that the latest offers of material were at $315 per tonne cfr...