Prices for shredded steel scrap imported into India and Pakistan moved down after there was further weakening on the Turkish scrap market and in Chinese futures, Fastmarkets heard on Friday May 28.
Fastmarkets' steel scrap shredded, index, import, cfr Nhava Sheva, India, was $495.42 per tonne on May 28, down from $510.93 per tonne on May 25 and from $517.88 per tonne on May 21.A downturn in Chinese finished steel prices and...