India: CR busheling scrap prices largely stable in key markets

CR busheling scrap prices witnessed a slight correction of INR 200/t in the Punjab-based Ludhiana and Mandi markets. Meanwhile, prices in the southern region remained unchanged due to negligible changes in semi-finished steel prices. CR busheling scrap offers are assessed at INR 44,000-44,400/t in Mandi Gobindgarh, INR 43,500-43,900/t in Ludhiana, INR 42,300-42,700/t in Jalna and INR 43,800-44,200/t in Chennai on a DAP basis.


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