On October 9, SteelOrbis reported ex-US containerized shredded scrap offers to India at $305-310/mt CFR Nhava.
Sources inform SteelOrbis that offers to India on containerized shredded scrap have increased $15/mt to $320-325/mt CFR Nhava as some buyer bids have surfaced at $310-312/mt CFR Nhava, and export dealers hope for a revival in deals to India later in the month of October.