Intel Details

India: 1,000 t of UAE-origin scrap booked recently

Melting Scrap
29 Dec 2021, 18:41 IST
Steel Mint Intel

  • 1,000 t of UAE-origin HMS(80:20) in containers was booked at $445-450/t CNF Kandla.
  • With a recovery in prices seen in Pakistan recently, enquiries have picked up slightly in India as well.
  • SteelMint's assessment for Dubai origin HMS (80:20) stands at $460/t CFR Nhava Sheva, unchanged d-o-d. Meanwhile, West Africa origin HMS is now at $455/t, up by around $10/t d-o-d.

29 Dec 2021, 18:41 IST
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