India: Melting scrap prices soar on inadequate supply

Steel melting scrap prices today increased by up to INR 500/t in Raipur, Central India and around INR 300/t in other scrap markets on supply tightness and improved sponge iron and semi-finished steel prices following global uptrend. Prices in the near term may see further improvement, trade channels reported to SteelMint


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *