Indian ferrous scrap prices fall again, more cuts expected

Nov 08, 2011 | 08:24 AM |

Prices for ferrous scrap imported into India fell again this week, with more cuts expected in the next week, market participants told Metal Bulletin. The main import grade, shredded, was offered at $440-445 per tonne cfr Nhava Sheva in containers from merchants in Europe, narrowing from $440-450 cfr a week ago. There....

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