The price of containerized ferrous scrap imports into India increased over the past week, following the rise of international scrap prices, sources told Fastmarkets on Friday September 4.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $314.81 per tonne on Friday, up by $4.40 per tonne week on week from $310,41 per tonne.Earlier this week, deals for the imported material were done at $310-315 per tonne cfr Nhava Sheva for material originating from the United Kingdom. But by the end of the week, suppliers insisted...