Author: Kameshwar Rao
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India: Melting scrap prices continue to remain volatile
Melting scrap prices witnessed minor fluctuations across markets on 9 Jul’21. Prices remained supported in Gujarat and Maharashtra, even rising by around INR 300/t following upbeat semi-finished steel sentiments. On the other hand, nominal price corrections were seen in Punjab’s Mandi Gobindgarh due to sufficient supply of ferrous scrap for producers. Prices may witness an…