India’s largest four-wheeler manufacturer, Maruti Suzuki India Limited, with its facility located in Gurgaon, Haryana, has increased its March selling prices of CR-trimming scrap by INR 2,250/t m-o-m on 24 February. After the increase, CR-trimming scrap prices are currently at INR 46,300-46,350/t, which were at INR 44,100/t exw in February.
Notably, the company sold a total of 1,457,861 vehicles in FY’21, lower by 6.7% y-o-y.
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