Platts corrects date in July 25 TSI Shredded Scrap CFR Nhava Sheva India rationale

Platts, part of S&P Global Commodity Insights, has corrected the rationale for Indian Shredded Scrap for July 25.

The amended rationale for July 25 corrects the date to July 25 as the date of the daily assessment not July 24.

The correction affects only the rationale and not the daily TSI Shredded Scrap CFR Nhava Sheva assessment July 25.

The corrected rationale should read as follows:

Platts assessed imported Indian containerized shredded scrap at $355/mt CFR Nhava Sheva July 25, stable day over day.

Tradable values were heard for imported containerized shredded scrap at $355-$365/mt CFR Nhava Sheva.

An offer was heard for 32,000 mt of US-origin containerized shredded scrap at $345/mt CFR Nhava Sheva, implying higher offers for regular-sized containerized cargoes. The repeatability of the offer could not be confirmed before the market close.

Platts is part of S&P Global Commodity Insights.

This rationale applies to symbol AAXRQ04.

No data was excluded from the assessment.

The Platts India shredded ferrous scrap assessment is published in SBB Steel Markets Daily and on Platts Connect.

Platts also publishes the daily frequency assessment on fixed pages PMA1326 and STL1326.

The related monthly average assessments are published on the fixed pages PMA1362 and STL1362.