On July 12, sources informed SteelOrbis that containerized shredded scrap offers (shredded 211) to India decreased to $317-325/mt CFR India from various regions including the EU.
According to sources, offer prices of containerized shredded scrap are now at $305-310/mt CFR from most preferred source countries. Prices decreased $12/mt from the bottom of the previous range and $15/mt from the top of the same range.