India: Power transmission company books over 500 t of ferrous scrap at auctions

A Gujarat-based power transmission company, which auctions different grades of scrap from its facilities located all over India, held two auctions on 4 Mar’22. The company sold 260 t of mild steel (MS) and TMT end-cutting scrap at INR 45,300-51,000/t exw from different locations in Rajasthan. It also booked 261 t of MS scrap at INR 40,750-47,600/t from its Gandhinagar site.


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