India: CR busheling scrap prices edge higher in key markets

CR busheling scrap prices rose by up to INR 1,000/t in Punjab on account of supportive semi-finished steel prices, while the markets in south and west India witnessed a minor rise in prices. CR busheling scrap offers are assessed at INR 48,800-49,200/t in Mandi Gobindhgarh, INR 48,500-48,900/t in Ludhiana, INR 45,600-46,000/t in Jalna and INR 43,900-44,300/t in Chennai on a DAP basis.


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