Melting scrap prices saw slight fluctuations across key markets on 21 Jun’21, as per SteelMint reports. In the northern region, scrap prices saw an INR 500/t correction on declining semi-finished steel prices whereas in the Alang market in the west, prices inched up by INR 300/t on healthy procurement interest from nearby locations. Scrap prices in the near term are likely to remain rangebound, trader sources informed SteelMint.
Leave a Reply