Indian steel scrap import bookings slow amid high international prices, sluggish domestic steel demand

Indian containerized steel scrap import prices continued to be high on Tuesday November 5 following a surge in scrap prices in the key Turkish deep-sea import market, Fastmarkets has heard.

Bookings remained slow on sluggish finished steel sales this week. As a result, Indian steel mills have held back from purchasing and expect to resume steel scrap bookings once domestic...

Published

Aameer Sayed

December 05, 2023

18:44 GMT

Raipur, India