Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India containerized Shredded Scrap import prices edge up; Scrap Copper, Nickel remain unchanged.


Date: 10-03-2015
Subject: India containerized Shredded Scrap import prices edge up; Scrap Copper, Nickel remain unchanged
MUMBAI : Indian containerized shredded scrap import prices edged up last week, while aluminium, brass, copper and nickel scrap prices were traded down.

As per The Steel Index, containerized shredded scrap prices for Indian imports edged up by $2 a ton to $285 a ton CFR Nhava Sheva port in the week ended March 06.

Sentiment has been mixed after the unveiling of a budget that was largely disappointing for the steel-making industry. The scrap import duty remains at 2.5% and the reduction of the special import duties from 4% to 2% flatters to deceive and in practice is likely to make very little difference.

Import duties on finished steel have risen from 10 to 15% which should improve domestic demand; however some confusion still remains on when these will come into effect.

Buying continued at the healthier levels seen in the past couple of weeks as inventories continued to be restocked.

The uptick in scrap prices may well be a reaction to the rebound in the Turkish market and it will be interesting to see where the market settles after the changes from the budget have been absorbed.

As per Scrap Register Price Index, aluminium, brass, copper and nickel scrap were traded down last week, while lead , zinc , plastic and plastic resin traded almost unchanged.

Source : metal.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 31-07-2025
Notification No. 49/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils,Brass Scrap, Areca Nut, Gold and Silver

Date: 19-07-2025
Notification No. 34/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A.

Date: 18-07-2025
Notification No. 33/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.

Date: 16-07-2025
Notification No. 47/2025-Customs (N.T.)
Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg

Date: 15-07-2025
Notification No. 46/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 44/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 32/2025-Customs
Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada.

Date: 13-06-2025
Notification No. 43/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 11-06-2025
Notification No. 42/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001