India: CR busheling scrap prices remain volatile across regions

CR busheling scrap prices rose up to INR 300/t in Punjab due to shortage of material. Meanwhile, prices in Chennai and Jalna, Maharashtra, fell by INR 400-700/t on account of the decline in semi-finished steel prices. CR busheling scrap offers are assessed at INR 42,900-43,300/t in Mandi Gobindgarh, INR 42,300-42,700/t in Ludhiana, INR 40,300-40,700/t in Jalna and INR 45,100-45,500/t in Chennai on a DAP basis.


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