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Indian buyers are waiting for lower prices for scrap

Indian steel mills this week are inactive because waiting for lower international prices for scrap, in order to be able to buy large amounts of scrap. It is reported by one of the traders, importing scrap to the country.
One of the vendors had sold 1,000 tons of scrap HMS 1&2 (80:20) in the container for $390-392 per ton, also reported the deal at $385-395 per ton containerizing scrap HMS 1&2 (80:20). Shredded scrap in containers shipped to India at $415-418 per ton.
MetalTorg.Ru

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