Auto part producers in north India receive higher bids at busheling scrap auctions

CR busheling scrap prices fluctuated this week across major markets amidst disparity in offers and bids, especially in the northern and western regions. An auction conducted on the first week of Feb’22 by a Gujarat-based auto part producer for 150 t of CR busheling scrap fetched bids at around INR 43,600-43800/t exw. In another auction from the region, stainless steel scrap received bids at INR 61,750/t exw.


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