India: Melting scrap prices witness mixed trends across markets

Melting scrap prices witnessed minor changes across markets today, as per SteelMint assessment. Prices saw an uptick by around INR 700/t, especially in western India’s Alang market, following improved trades in steel ingot/billet yesterday. Meanwhile, in Maharashtra prices lacked support due to low buying interest, although in markets in north India prices remained almost stable d-o-d.


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