INDIA STEEL SCRAP: Weak market knocks prices down further

July 04, 2020 / www.metalbulletin.com / Article Link

The price of ferrous scrap in containers imported into India edged downward again over the past week, with demand remaining at low levels, sources told Fastmarkets on Friday July 3.

Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $270.18 per tonne on July 3, down from $274.28 per tonne the Friday before.
Market sources reported offers of shredded material at $265-275 per tonne, down from $270-280 per tonne the week before, while a deal for UK-origin material was heard at $270 per tonne, down from a deal at $276 per tonne the previous week.

"It's difficult, parts of the country are still in lockdown [because of the Covid-19 pandemic], and work...

Recent News

Gold stocks again reach new highs

September 22, 2025 / www.canadianminingreport.com

Silver outpaces major metals in recent months

September 22, 2025 / www.canadianminingreport.com

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok