CR busheling scrap prices dropped by up to INR 1,000/t across major Indian markets on account of the decline in semi-finished steel prices. However, prices in the Chennai market remained stable due to low availability of material. CR busheling scrap offers are assessed at INR 42,700-43,100/t in Mandi Gobindgarh, INR 42,000-42,400/t in Ludhiana, INR 41,000-41,400/t in Jalna and INR 45,500-45,900/t in Chennai on a DAP basis.
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