Author: Kameshwar Rao

Melting scrap prices witnessed a downward correction across regional markets on 22 Nov’21. Prices moved down by around INR 1,000/t in the Ludhiana market in Punjab following the decline in semi-finished steel prices. However, prices fell at other locations, too, by around INR 400-700/t due to poor offtake of finished steel products. Prices showed positive…