Author: Kameshwar Rao
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India: Melting scrap markets witness price fluctuations
Melting scrap prices fluctuated across markets on 18 Jun’21. Prices found support in a few markets such as Raipur, Alang and Chennai, moving up by INR 200/t on account of stable semi-finished steel sentiments. However, scrap prices corrected downwards by up to INR 700/t in Mandi Gobindgarh owing to a soft semi-finished steel market. Some…