Author: Abhishek Bhalla

India: Melting scrap prices continue decreasing further by up to INR 700/t ($10)

Jan 20, 2021

—

by

Abhishek Bhalla

in Melting Scrap

Melting scrap prices continued to decline further by INR 500-700/t. Buyers are extremely cautious in procuring raw materials amidst bearish sentiments owing to dull finished steel movement. SteelMint learnt from market channels that prices may continue to fall on a d-o-d basis.