India: Bid prices drop INR 470/t at Maruti Suzuki’s CR busheling scrap auction

India’s largest four-wheeler manufacturer, Maruti Suzuki India Limited, held an auction for 2,600 t of CR busheling prompt scrap (low manganese) from its Gurgaon facility on 28 Mar’23. The entire quantity was booked at INR 45,880/t ex-works. Bid prices have come down by INR 470/t against the last auction on 24 Feb’23 at which 4,000 t of material received bids at INR 46,350/t exw.


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