India: JBM Auto books around 1,500 t of ferrous scrap at auctions

Auto parts manufacturer JBM Auto held an auction for 1,500 t CR/HR/GI/various grade mixed tickness scrap from its Pune-based plant in Maharashtra on 25 Jul’22. Buyers booked the entire quantity at INR 42,050/t. As per SteelMint’s latest assessment, CR busheling scrap prices in Jalna, Maharashtra stand at around INR 44,100-44,400/t FOR.


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