India: CR busheling scrap prices rise by up to INR 700/t

CR busheling scrap prices rose in the range of INR 300-700/t in key markets of the country. However, in Jalna, western India, prices fell by INR 300/t on account of weak demand for semi-finished steel. CR busheling scrap offers are assessed at INR 50,500-50,900/t in Mandi Gobindhgarh, INR 50,300-50,700/t in Ludhiana, INR 46,000-46,400/t in Jalna and INR 48,500-48,900/t in Chennai on a DAP basis.


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