Author: Abhishek Bhalla
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Indian buyers accept higher melting scrap offers on tighter availability
Domestic steel melting scrap offers are on a rising trend since a couple of weeks. Prices have been absorbed on limited availability. Today, it increased by INR 100-500/t d-o-d, as per SteelMint assessment. However in the Jalna market, scrap prices increased by INR 500/t against INR 1,700/t in semi-finished and finished steel owing to recent…