Author: Kameshwar Rao

Melting scrap prices moved north in major scrap-based markets on 12 Jul’21. Prices moved up by around INR 500-600/t on account of improving sponge iron, semi-finished and finished steel prices. However, scrap prices in markets in eastern and central India, particularly Raipur and Durgapur, remained stable. Prices might witness minor fluctuations in the near term,…