INDIA IMPORT SCRAP: Prices flat in stagnant market ahead of general election

The price of shredded ferrous scrap imported into India was stable this week, with deals done at similar levels to the previous week, sources said on Friday April 5.

Fastmarkets’ weekly index for containerized imports of shredded scrap into India was $334.45 per tonne cfr on April 5, little changed from $334.38 per tonne cfr on March 29. This week deals were heard for shredded done at $333 and $335 per tonne cfr. Similar levels of deals were heard last week; however, the highest deal price heard was $337 per tonne cfr. Some traders...

Published

Carrie Bone

April 05, 2019

16:25 GMT

London