Author: Kameshwar Rao
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India: Melting scrap prices exhibit mixed trends across key markets
Ferrous scrap prices varied across regional markets today, as per Steelmint reports. Prices increased by INR 500/t in markets in the western region, particularly Alang, on account of tight availability. On the other hand, prices declined along more or less similar levels at other locations following a correction in steel prices, sources informed.