09
Dec
15:52
Indian imported scrap offers dive on muted sentiment
Indian imported scrap offers have dropped further on muted sentiment among buyers. Low demand for finished and semi-finished steel has reduced imported scrap purchases, various market sources tell Kallanish.
Offers for West Africa-origin HMS 1&2 80:20 dropped by $10-15/tonne on-week to $440-445/t cfr Mundra and Nhava Sheva, and to $445-450/t cfr Goa and Chennai. United Arab Emirates-origin HMS 1&2 is assessed at $445-450/t cfr Nhava Sheva. A few sellers ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous