India: CRCA scrap prices continue decline on falling steel prices

CRCA busheling scrap prices fell in the range of 300-400/t across major markets. Prices in the western and southern regions fell by around INR 400/t, whereas in the northern markets prices edged lower by around INR 300/t following sliding steel prices. However, minor variations in bid and offers were observed particularly in the northern region on account of tight supply.


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