Author: Kameshwar Rao

  • India: Melting scrap prices drop by up to INR 700/t

    India: Melting scrap prices drop by up to INR 700/t

    Melting scrap prices weakened in most regions on 16 Sep’21, as per SteelMint. Prices dropped by up to INR 700/t ($9.5) in the Punjab market following a correction in prices of semis amid dull sentiments in the finished steel segment. However, scrap prices remained supported in other markets, while slight material shortage was reported. However,…