India: Melting scrap prices remain supported despite limited trades

Melting scrap prices remained supportive in most of the scrap-based markets. Prices either remained unchanged or saw an uptick by INR 100-200/t except in Ahmedabad where prices inched down by INR 100/t. Limited participation from trade channels remained the reason behind no major changes today. Prices in the near-term may see slight changes, trade participants reported to SteelMint.


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