India: CR busheling scrap prices witness volatile trends

CR busheling scrap prices dropped by INR 200/t in Jalna but remained unchanged in Chennai today. Meanwhile, prices in Mandi Gobindgarh and Ludhiana increased by up to INR 300/t due to supportive semi-finished steel prices. CR busheling scrap offers are at INR 49,600-50,000/t in Mandi Gobindhgarh, INR 49,500-49,900/t in Ludhiana, INR 47,300-47,700/t in Jalna and INR 49,300-49,700/t in Chennai on a DAP basis.


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