The price of ferrous scrap imported into India in containers stabilized this week after last week's $15 per tonne surge, sources told Fastmarkets on Friday August 7.
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $304.18 per tonne on Friday, up slightly from $301.15 per tonne one week earlier.Only one deal was heard this week for UK shredded at $300 per tonne cfr, this compares with deals ranging from $285 to...