India's container steel scrap import market stronger with prices at bottom

Prices for containerized steel scrap imports into India have risen over the past week on firmer buying interest and a growing belief that international prices have found the market bottom, Fastmarkets heard on Friday June 9.

Fastmarkets’ calculation of the containerized steel scrap shredded index, import, cfr Nhava Sheva, India, was $432.15 per tonne on Friday, up by $8.27 per tonne from $423.88 per tonne on...