CR busheling scrap prices witnessed a sharp downward correction of up to INR 1,500/t across all major Indian markets following a decline in semi-finished and finished steel prices. CR busheling scrap offers are assessed at INR 49,500-49,900/t in Mandi Gobindgarh, INR 49,300-49,700/t in Ludhiana, INR 47,600-48,000/t in Jalna and INR 49,800-50,200/t in Chennai on a DAP basis.
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