INDIA IMPORT SCRAP: Prices rise as consumer inventories run low

Prices for containerized ferrous scrap imported into India rose this week with buyers under pressure because of low stocks and tighter supply at yards in Europe, sources told Metal Bulletin on Friday November 3.

Metal Bulletin’s index price for imported shredded scrap in India on Friday was $324.06 per tonne cfr Nhava Sheva, up by $10.94 per tonne week-on-week compared with $313.12 last week. “India...

Published

Lee Allen

November 03, 2017

17:40 GMT

London