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Showing posts with label Exporters. Show all posts
Showing posts with label Exporters. Show all posts

High Demand of HMS Scrap and Spot Prices


HMS Scrap Market Demand




The finished steel prices in the international market have gone down but still there is no major impact on the prices of HMS Scrap. With the high demand and limited supply, the HMS Scrap still maintains the same pace in the market. It is expected in the coming year, the demand of the steel will increase by six percent and this clearly indicates that the prices of the HMS Scrap will rise rather than going down.

From past three consecutive months HMS Scrap is maintaining its prices at US$ 420/MT (Bundle Scrap) and shredded scrap prices gone up by USD 2/MT. The HMS 1-2 has maintained its level at USD 458/MT in break bulk whereas pig iron of steel grade was trading at USD 499/MT. The Pig Iron of Casting grade traded around USD 507/MT. 

The prices of HMS Scrap rose in Spain this week due to high competition. The demand of Scrap is also increasing in India. The Scrap is mainly imported in containers shipments to major ports in India. There are very few traders who are importing in break bulk to India. Most of the break bulk shipment against the high demand from China.





Engine Cast Iron Scrap



Cast Iron Scrap
Cast Iron Scrap consist of mainly Engine parts
















We regular supply Mix Cast Iron Scrap of Engine Blocks and Motors


Quantity : 200Mt weekly


Origin : India




For more details on price and payment terms do write to us.
Cast Iron delivery will be ex-yards at Mumbai / Goa.
Loading Charges and Transportation will be in buyer's Account


Taxes will be as applicable
Quantity on daily terms will be min one truck lot to max 2 truck lots of 15Mt each approx.




For more details do contact us. Leave your requirement  and contact details in the comment box below.









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