India: Turning boring scrap booked at INR 33,500-33,900/t at auctions by auto part producers

Automobile component producers based in north and west India have received bids for mild steel turning and boring scrap at around INR 33,500-33,900/t exw at auctions recently, while higher grade material was sold at INR 35,600-35,900/t. In auctions conducted from Haryana, HR-CR mixed busheling scrap received bids at INR 37,550-37,700/t exw. Auctions for the same material from Gujarat received bids at INR 39,600-39,900/t exw.