Indian import scrap price rangebound on thin trading

摘要

London—Import prices for ferrous scrap to India’s West Coast remained unchanged on the week amid thin trading activity and limited demand. S&P Global Platts assessed shredded scrap Friday at $324/mt CFR Nhava Sheva, down $1/mt on the week. With several bank holidays across many southeast Asian countries and no pricing indication from Turkey due to their week- long holiday, trading in the Indian market was equally thin.