The price of containerized ferrous scrap imports into India inched up again this week, despite many market participants still unable to secure deals, sources told Fastmarkets on Friday June 12.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $285.89 per tonne on Friday, up from $278.58 per tonne one week previous.Inquiries and offers continue grow in frequency but there has not yet been a surge of purchases. Market sources told Fastmarkets they expect this in the coming...