India: Auto component producer books 2,000 t CR-HR punching scrap at today’s auctions

Auto component manufacturer conducted two auctions for around 2,000 t of HR-CR mix punching scrap on 25 Nov’22 from its plant at Pantnagar, Uttarakhand. 800 t of CR-HR punching scrap of which 150 t of material sold at INR 38,600/t while 650 t of same material received bids at INR 41,900/t exw. The Pune-Maharashtra-based unit sold 1200 t of CR HR mix & CR coated scrap at INR 33,950/t exw.


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