CR busheling scrap prices witnessed a sharp downward correction of up to INR 2,300/t across all major Indian markets following decline in semi-finished and finished steel prices. CR busheling scrap offers are assessed at INR 48,100-48,500/t in Mandi Gobindgarh, INR 48,800-49,200/t in Ludhiana, INR 45,300-45,700/t in Jalna and INR 47,800-48,200/t in Chennai on a DAP basis.
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