Author: Kameshwar Rao
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India: Melting Scrap prices improve on supportive sentiments
Melting scrap prices today shot up by around INR 500-600/t in major locations in India on account of improved sponge iron and semi-finished steel prices. The same in the Southern region remained supported as anticipated by SteelMint. In the Northern region, limited transactions were witnessed owing to nationwide protests. Further, in the Western region, trade…