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Home / Metal News / Indian containerized shredded scrap import prices slightly up to $390 a ton

Indian containerized shredded scrap import prices slightly up to $390 a ton

iconAug 26, 2014 13:22
Source:SMM
India containerized scrap import prices slightly up by $1 a ton week-on-week to $390 a ton in the week ended August 22.

INDIA August 26 2014 9:15 AM
 MUMBAI (Scrap Register): India containerized scrap import prices slightly up by $1 a ton week-on-week to $390 a ton in the week ended August 22.


According to The Steel Index, this was supported by an increase in domestic scrap pricing seen last week, as well as higher billet prices for re-rolling.

A large regional spread persists in the market with regards to the origin of material, with US, European and UK origin offers still in the region of $395-400 a ton, whilst Middle East and African material was heard secured in the mid $380’s/t.

 

India containerized scrap import prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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