Author: Kameshwar Rao

India: CRCA busheling scrap prices fall by up to INR 700/t

Nov 22, 2021

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by

Kameshwar Rao

in Melting Scrap

CRCA busheling scrap prices edged down sharply by INR 700/t today in Mandi Gobindgarh, Punjab. Prices in other markets, too, fell by INR 200-400/t. Falling semi-finished steel prices amidst lack of finished steel movements put CRCA scrap prices under pressure, despite tight availability in key markets. Only minor changes in prices can be expected in…