India: CR busheling scrap prices fall by INR 1,000-1,500/t

CR busheling scrap prices dropped in the range of INR 1,000-1,500/t across markets on account of the decline in semi-finished steel prices. However, prices in the Jalna market in Maharashtra rose INR 600/t due to low availability of material. CR busheling scrap offers are assessed at INR 42,600-43,000/t in Mandi Gobindgarh, INR 42,200-42,600/t in Ludhiana, INR 42,100-42,500/t in Jalna and INR 45,000-45,400/t in Chennai on a DAP basis.