Indian ferrous scrap prices weaken on falling demand, liquidity issues

Oct 26, 2011 | 11:49 AM |

Indian ferrous scrap prices once more fell slightly this week as the Diwali holiday saw demand drop off, market participants told MB. Containerised shredded scrap into India was on offer at $448-450 per tonne cfr Nhava Sheva, down from offers at $450 a week before. HMS 1&2 (80:20) in containers was offered at $425-430 per tonne....





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