CRCA busheling scrap prices moved up by INR 300-500/t across key markets d-o-d. However, SteelMint observed mixed sentiments from buyers and sellers. Bids have reached the maximum level as per finished steel bookings, whereas offers may further improve on availability concerns. Current CRC sheet cutting scrap offers are assessed at INR 40,800-41,200/t in Mandi Gobindhgarh, INR 39,300-39,700/t in Chennai, and INR 38,100-38,500/t in Jalna, all on a DAP basis excluding GST

Leave a Reply