India: CR busheling scrap prices rise by up to INR 2,800/t

CR busheling scrap prices rebounded in key markets except for Chennai on stable semi-finished and finished steel prices. The market saw better movement of semi-finished steel products today. CR busheling scrap offers are assessed at INR 47,800-48,200/t in Mandi Gobindgarh, INR 48,600-49,000/t in Ludhiana, INR 43,900-44,300/t in Jalna and INR 46,800-47,200/t in Chennai on a DAP basis.


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