Author: Kameshwar Rao

Melting scrap prices decreased sharply by up to INR 1,100/t ($15) on 29 Jun’21, especially in India’s northern region, on the back of contraction in semi-finished steel prices which triggered a selling pressure in the scrap market. It was noticed that in the Ludhiana and Mandi markets prices varied by up to INR 1,200/t for…