Author: Kameshwar Rao
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India: Melting scrap prices drop on soft finished steel demand
Melting scrap prices saw a minor correction at key locations in the country on 25 Oct’21, as per SteelMint reports. The factors behind the slight correction were limited finished steel movements due to higher prices amidst moderate transactions in semi-finished steel. However, in the Raipur market in central India scrap prices remained supported following positive…