The price of ferrous scrap in containers imported into India moved down this week with fresh transactions breaking the trade stalemate and confirming the market level, sources told Fastmarkets on Friday June 26.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $274.28 per tonne on Friday, down from $282.25 per tonne on June 19."Sales of finished products are still very dull. Some factories are only at...