India import shredded scrap prices soften, slack buying

摘要

London—Workable Indian import prices for containerized shredded scrap continued to soften over the week ending Sept. 25, as mills held back amid mixed sentiment over wider market direction. S&P Global Platts assessed India import containerized shredded scrap at $312/mt CFR Nava Sheva Sept. 25, down $3 on the week. “The market is very quiet and the wider sentiment is negative with buyers anticipating a big fall in prices so activity into Nava Sheva has totally halted,” an Indian trading source said.