Indian mills wary of booking shredded scrap containers amid sluggish domestic steel sales

Indian mills remain cautious about booking shredded scrap containers for import amid ongoing slow domestic steel sales, Fastmarkets heard on Friday June 2.

Offers mid-week were at $435 per tonne CIF Nhava Sheva but decreased at the end of the week, with bookings being see at $420-428 per tonne.

Fastmarkets’ calculation of the...


Ross Yeo

June 02, 2023

16:26 GMT