Intel Details

Southern India mills book second bulk ferrous scrap cargo in a week's time

Melting Scrap
24 Jun 2022, 20:05 IST
Steel Mint Intel

Indian imported scrap buyers returned to bulk cargoes within a week as offers fell in another round of bookings. Around 40,000 t of shredded, PNS and busheling was booked from an Europe based supplier at an average price of $395/t CFR Chennai. The cargo is for July shipment. Nearly three bulk scrap cargo bookings were reported this week. India's ferrous scrap imports touched 3.78 mnt in CY'21

24 Jun 2022, 20:05 IST
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