Author: Abhishek Bhalla
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India: Melting scrap prices exhibit mixed sentiments
Melting scrap prices moved down by INR 100-600/t in major scrap markets in northern and southern India while in Alang market, it rose by INR 500/t owing to disparity between bids and offers amid rumors of increasing freight charges to different destinations in Gujarat market. Near term scrap prices may see minor corrections specifically in…