Maruti auction price

India: Bid prices rise in Maruti Suzuki’s CR busheling scrap auction

India’s largest four-wheeler manufacturer, Maruti Suzuki India Limited, held an auction for 3,250 t of CR busheling prompt scrap (low manganese) from its Gurgaon facility on 27 Jan’23. The entire quantity was booked at INR 47,319/t ex-works, up marginally by INR 619/t. In the last auction held on 21 Dec’22, 4,200 t of the same grade material received bids at INR 46,500-46,700/t exw.


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