The price of ferrous scrap imported into India in containers jumped by $15 per tonne during the week to Friday July 31 following a flurry of new bookings, sources told Fastmarkets.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $301.15 per tonne on Friday, up by $15.19 per tonne from $285.96 per tonne a week earlier.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $272.09 per tonne...