23
Dec
15:00
Indian, Pakistani imported scrap fall on low demand
Owing to low demand for semis and rebar, coupled with production cuts in the winter season, imported scrap offers in India and Pakistan have fallen $5-10/tonne on-week, various sources inform Kallanish.
Offers for United Arab Emirates-origin HMS 1&2 80:20 dropped $5-10/t on-week to $445-450/t cfr Nhava Sheva and Mundra. West African-origin HMS 1&2 80:20 prices plunged by $10/t to $435-440/t cfr Nhava Sheva and $440-445/t cfr Chennai. A Chennai-based buyer …
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Anonymous
Very good overview of the weekly steel market.
Anonymous