Author: Abhishek Bhalla
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India: Melting scrap prices surge by up to INR 1,000 ($14)
Melting scrap prices in major Indian markets are witnessing consequent hikes since last week. The trend continued today as well with prices gaining by up to INR 1,000/t across all major markets. While sellers are expecting prices to rise further following the uptrend in global scrap prices, few trade associates are staying slightly cautious as…