1. 29 4 2014 India containerized scrap import prices decline to $393 a ton | India | SCRAP REGISTER NEWS
INDIA April 28 2014 9:34 AM
scrap import prices
decline to $393 a ton
import prices declined by
0.5% week-on-week to
$393 a ton in the week ended April 25th this
year, as per the latest figures released by the
The Steel Index (TSI).
In India, a diversity of transaction levels were
reported last week, origin dependent, as
buyers sought to put daylight between
themselves and high price material.
Overall, price levels were slightly down from
previous week. TSI’s index for Indian imports
of containerized shredded scrap dropped by
$2 a ton to $393 a ton, CFR Nhava Sheva.
The election may be shortly due, but buyers
are not waiting on the result to take material.