INDIA STEEL SCRAP: Upward price trend continues on tight supply

The price of shredded steel scrap imported into India moved up on Friday October 30 as a result of tight material supply, sources have told Fastmarkets.

Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $321.21 per tonne on Friday, up from $316.16 per tonne one week earlier.
Deal prices heard during the week were in the range of $322-324 per tonne, up from $315-316 per tonne last week.
Offers were heard as high as $325 per tonne, up from a high of $320 per tonne last week.

"The market is good, there is a continuous upping...

Immediate trigger for crash was new Fed Chairman pick

Gold stocks slump on metal price decline

Is the gold market starting to turn 'irrationally exuberant'?

Gold stocks explode up as equity markets languish

Gold stocks outpace flat large caps