SOUTH ASIA STEEL SCRAP: Import prices jump following international price trend

The price of shredded steel scrap imported jumped over the week to Thursday December 24 due to the uptrend in the international market, sources told Fastmarkets.

India
Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $461.63 per tonne on Thursday, up by $32.80 per tonne week on week from $428.83 per tonne one week earlier.

One deal was heard this week for 1,000 tonnes of shredded scrap from the United Kingdom at $460 per tonne cfr, this was up by $30 per...

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