Author: Kameshwar Rao
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India: Melting scrap prices edge higher in most markets
Melting scrap prices improved marginally on a d-o-d basis on 19 Oct’21. Prices moved up by around INR 300-500 in the Gujarat and Punjab markets following a rise in semi-finished steel prices. However, prices drifted down in the Mumbai market. Prices remained stable in a few other markets on the back of usual procurement despite…