INDIA IMPORT SCRAP: Shredded price hits five-week rally, market could be firmer next week

Prices for shredded scrap imported in containers into India have increased for the fifth week running, supported by good demand and robust international scrap markets, sources told Metal Bulletin on Friday March 9.

But certain market sources said that the market could stop rising over the next seven days, with Indian finished steel prices struggling amid a drop in Chinese rebar prices and...


Lee Allen

March 09, 2018

17:24 GMT