Author: Abhishek Bhalla
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India: Melting scrap prices continue to observe minor corrections
Melting scrap prices witnessed a downfall of INR 100-200/t in most of the regions except western India. In Jalna, Maharashtra, prices dropped by INR 500/t owing to adequate availability in the domestic market, sources reported to SteelMint. In the Chennai market, prices remained supportive due to supply tightness. Also variations were seen in bids and…