Author: Akshay Bedekar

Melting scrap prices in Alang, Gujarat, dropped by INR 100/t today. HMS (80:20) prices are assessed at INR 40,200/t, while attachment scrap prices stand at INR 41,200/t exy. A sustained fall in steel billet prices over the last couple of days and the lack of buying enquiries in the spot market along with weak trading…