Author: Kameshwar Rao
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India: Melting scrap prices improve on recovering market sentiments
Melting scrap prices witnessed an uptick in key markets on 30 Nov’21. Prices moved up by around INR 500-600/t, especially in Punjab and Gujarat’s Alang market on account of improving transactions in semi-finished steel. However, scrap prices in a few other markets remained unchanged, d-o-d. Prices may remain supported in the Alang market in the…