India: LPG cylinder scrap auctions receive active participation

The average bid price in domestic LPG cylinder scrap auctions held this week was INR 41,600-45,000/t exw. An auction conducted on 22 June for 186 t of old cylinders from Jalandhar, Punjab fetched bids at INR 45,000/t, market sources informed SteelMint. In another auction on 24 June, around 216 t for the same kind of material received bids at INR 43,700/t from Karnal, Haryana.


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