Author: Kameshwar Rao
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India: Ferrous scrap prices remain slightly volatile
Ferrous scrap prices witnessed minor variations at key locations in the country on 22 Feb’22. Prices remained supported in the western and southern regions, rising by INR 100-300/t following tight supply and an uptick in semi-finished steel prices in the Chennai market. However, in north India, prices saw a minor correction. Near-term expectations remain unclear…