Merchants and traders raised the price of black scrap imported into India, in the Wake of the increasing number of orders and increased activity in Turkey, according to market participants. Indian buyers purchased large quantities of material in containers for the past three weeks, as we seek to replenish stocks.
The crushed material is sold at $480-490 per tonne CFR of Nhava Sheva depending on the origin, and the majority of transactions concluded at a price of $475-480 per tonne CFR. Scrap HMS 1&2 offered at $450-475 / tonne CFR Nhava of Sheba.
MetalTorg.Ru