Home / Metal News / India containerized Shredded Scrap import prices shoot up

India containerized Shredded Scrap import prices shoot up

iconApr 29, 2016 09:51
Source:SMM
India containerized shredded scrap import prices shot up by $15 a ton week-on-week during the week ended April 08.

INDIA April 28 2016 11:42 AM     

MUMBAI (Scrap Register): India  containerized shredded scrap import prices shot up by $15 a ton week-on-week  during the week ended April 08, while India's major plastic scrap prices on  Scrap Register Price Index showed a down trend.

According to TSI, containerized shredded  index for Indian imports rose by $15 a ton to finish the week at $238 a ton CFR  Nhava Sheva port.

Similar to Turkish mills, Indian mills have received  much higher offers given the strength of the US and Turkish steel markets, and  so have been forced to pay more to secure material.

The major plastic  scrap commodities remained lower on Scrap Register Price Index during the week.  The plastic scrap commodities like HD Blowing, HD Moulding (Colour), LLDP  Blowing, PVC pest grade and PVC resin desi traded down during the week.


India containerized shredded scrap import prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news