India: Melting scrap prices remain volatile across markets

Melting scrap prices witnessed slight fluctuation across regional markets on 3 Nov’21. A marginal uptick in prices was observed in Gujarat on account of limited availability of material. Meanwhile in north India- based Mandi Gobindgarh market prices fell following a correction in semi-finished steel prices amid dull offtake of finished steel. However, prices in other markets remained flat on a daily basis.


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