India's Containerized Shredded Scrap import prices down 2.6% in October-Shanghai Metals Market

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India's Containerized Shredded Scrap import prices down 2.6% in October

Industry News 06:21:02PM Nov 11, 2016 Source:scrapregister

INDIA November 11 2016 9:39 AM

MUMBAI (Scrap Register): India containerized shredded scrap import monthly average prices down 2.6 percent to $232.40 during the month of October.

Indian buyers were busy in October with a number of cargoes on offer early in the month. Despite booking activity, containerized scrap import prices (CFR Nhava Sheva port) fell $11 a ton to $230 a ton.

For Live Scrap Prices From US Log on to Scrap Register

Despite sentiment turning positive, the rest of the month saw domestic steel prices hold steady, ensuring scrap import prices remained close to the $230 a ton mark.

The Indian containerized market, which has seen trad

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Apr.22
685.0
16.0
(2.39%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.22
94.3
2.3
(2.51%)
58% Fe Fines (Qingdao Port): IOPI58
Apr.22
603.0
2.0
(0.33%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.22
82.5
0.3
(0.36%)
65% Fe Fines (Qingdao Port): IOPI65
Apr.22
794.0
17.0
(2.19%)

India's Containerized Shredded Scrap import prices down 2.6% in October

Industry News 06:21:02PM Nov 11, 2016 Source:scrapregister

INDIA November 11 2016 9:39 AM

MUMBAI (Scrap Register): India containerized shredded scrap import monthly average prices down 2.6 percent to $232.40 during the month of October.

Indian buyers were busy in October with a number of cargoes on offer early in the month. Despite booking activity, containerized scrap import prices (CFR Nhava Sheva port) fell $11 a ton to $230 a ton.

For Live Scrap Prices From US Log on to Scrap Register

Despite sentiment turning positive, the rest of the month saw domestic steel prices hold steady, ensuring scrap import prices remained close to the $230 a ton mark.

The Indian containerized market, which has seen trad