LONDON Indian demand for
containerized ferrous scrap is expected to pick up next week
after the Chinese national holiday comes to a close, sources
There have been small pockets of
demand in the past couple of days, but otherwise the market has
been quiet, one market source told AMM sister
publication Steel First.
"Everything is pretty flat.
Weve got our regular people we sell to, but ...
theres nothing else out there," a U.K.-based scrap
On Monday, AMM lowered its
East Coast Ferrous Scrap Export Index to $362.99
per tonne, down 1.4 percent from $368.24 per tonne the previous
West Coast Ferrous Scrap Export Index also slipped,
dropping 1.6 percent week over week to $380.48 per tonne.
A version of this article was first
published by AMM sister publication Steel