INDIA IMPORT SCRAP: Prices fall on weak global markets, low local demand

Prices for containerised ferrous scrap shipments to India dropped this week amid weakening in global markets and continued low demand for finished steel in the country, sources told Metal Bulletin on Friday September 29.

A deterioration in Turkish import prices of more than $50 per tonne over the past fortnight has pushed down Indian import prices, along with those in neighbouring Pakistan.

“There is...


Lee Allen

September 29, 2017

14:11 GMT