India: CR busheling scrap prices witness mixed trends

CR busheling scrap prices remained unchanged in Mandi and Chennai markets today, but dropped by INR 700/t in Jalna market on account of dull finished steel demand. Meanwhile, prices in Ludhiana improved by INR 300/t amidst supply shortage in the region. CR busheling scrap offers are assessed at INR 49,500-49,900/t in Mandi Gobindhgarh, INR 49,600-50,000/t in Ludhiana, INR 46,900-47,300/t in Jalna and INR 49,800-50,200/t in Chennai on a DAP basis.


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