Author: Kameshwar Rao
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India: Melting scrap prices fluctuate across major Indian markets
Melting scrap prices shot up in western India on 24 May’21, SteelMint confirmed from sources. At Alang in Gujarat, prices witnessed an uptick of INR 1,000/t ($14) followed by Ahmedabad and Kandla where prices reportedly rose by around INR 300-500/t owing to supply tightness in the market. However, in the northern and southern regions, prices…