India: CRCA busheling scrap prices remain largely subdued

CRCA busheling scrap prices remained dull, with a major correction of INR 800/t observed in the northern region following a decline in prices of semis. However, prices were range-bound in west and south India. CRC busheling scrap offers are assessed at INR 41,100-41,500/t in Mandi Gobindhgarh, INR 40,000-40,400/t in Chennai, and INR 39,600-40,000/t in Jalna – all on a DAP basis.


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