Author: Kameshwar Rao
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India: Ferrous scrap prices inch up on surging semi-finished steel prices
Ferrous scrap prices remained supported across markets on 21 Mar’22 following a surge in sponge iron and semi-finished steel prices. Besides, active response was received at the recently concluded pig iron auction by SAIL-RSP. Scrap prices stayed firm at high levels on account of supply tightness, especially in the markets in north India. Prices in…