Author: Kameshwar Rao

  • India: Melting scrap prices continue to remain volatile

    India: Melting scrap prices continue to remain volatile

    Melting scrap prices fluctuated across markets on 19 Nov’21. Prices remained supported in Punjab’s Mandi Gobindgarh and Durgapur in eastern India, following tight supply amidst upbeat semi-finished steel prices. On the other hand, a nominal price correction was seen in Gujarat’s Alang market due to limited demand for semi-finished products by standalone mills in yesterday’s…