Intel Details

India: Ferrous scrap import prices up in recent deals

Melting Scrap
21 Oct 2021, 18:41 IST
Steel Mint Intel

  • Ferrous scrap import prices into India increased in recent bookings. Container availability and increased freight rates are the major concerns of buyers.
  • 1,500 t of UK/EU-origin shredded scrap in containers was traded at Vizag at an equivalent price of $550/t CFR Nhava Sheva.
  • UK-origin HMS (80:20) offers are heard at $505-510/t CFR Nhava Sheva, up around $5/t against the last assessment.

21 Oct 2021, 18:41 IST
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