Mahindra and Mahindra’s OEM sells 1,300 t HR-CR busheling scrap at auctions

Mahindra and Mahindra’s original equipment supplier (OEM) conducted three auctions yesterday for around 1,300 t HR-CR busheling scrap from Pune and Nashik, Maharashtra. The auctions received the following prices:

*Alf Engg, Nashik, booked 300 t at INR 46,550/t exw.
*JBM Auto Limited, Nashik, booked 500 t at INR 46,800 exw.
*Magna Automotive India Pvt. Ltd., Pune, booked 500 t at INR 45,200/t exw.