India: CRCA scrap prices continue to remain volatile

CRCA busheling scrap prices witnessed minor variations across key markets on 28 Oct’21. Prices in the northern region increased by around INR 400/t, boosted by the rise in semi-finished steel prices amidst tight supply. However, in the western and southern regions, prices corrected marginally by around INR 200/t on lack of demand. Short-term prices are unlikely to fall sharply, sources reported.


Comments

Leave a Reply

Your email address will not be published.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