Busheling scrap prices climb to all-time high at auctions held by auto parts producers

CR busheling scrap prices remained strong this week across all major markets on healthy trades in steel products, especially in the western region. An auction conducted by a Pune, Maharashtra-based auto parts producer for 250 t of CR busheling scrap fetched bids at around INR 46,000-46,200/t exw – an all-time high.