23
Jun
15:40
Indian imported scrap falls dramatically on recent deals
Following the conclusion of recent deals in Turkey, India, Pakistan, Bangladesh and Vietnam, the Indian imported scrap market plunged remarkably this week, Kallanish hears.
Offers for UK- and EU-origin containerised shredded scrap have dropped a further $20-25/tonne on-week to $415-420/t cfr Nhava Sheva and Kandla. According to a trading source, a Maharashtra-based mill reportedly booked around 2,000 tonnes of EU-origin shredded at $418-420/t cfr Nhava Sheva on Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous