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Home SOUTH ASIA STEEL SCRAP: India shredded import price down on Covid-19 effects, weaker China markets The price of containerized shredded steel scrap imported into India decreased this week on softer demand that was a result of the wave of Covid-19 cases sweeping much of the country, as well as weaker steel prices in China, Fastmarkets heard on Tuesday May 25. Fastmarkets’ steel scrap shredded, index, import, cfr Nhava Sheva, India , was $510.93 per tonne on Tuesday, down from $517.88 per tonne in the previous calculation on May 21. Demand from Indian buyers was low, with only tentative buying...
