Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India
, at $ 309.58 per tonne on Friday, down from $317.57 per tonne one week previous.
Two deals were heard for shredded this week, one at $308, and another for $311 per tonne cfr, down from deals heard last week $320 per tonne cfr. A further deal at $305 per tonne was also heard, but could not be confirmed by other market participants.
The offer range was wider this week at $305 to $320 per tonne.