India: CR busheling scrap prices fall by up to INR 400/t

CR busheling scrap prices fell in the range of INR 200-400/t across markets following the decline in semi-finished steel prices. However, prices in Punjab-based Mandi Market rose by INR 200/t due to low availability of the material. CR busheling scrap offers are assessed at INR 42,800-43,200/t in Mandi Gobindgarh, INR 42,000-42,400/t in Ludhiana, INR 41,900-42,300/t in Jalna and INR 44,600-45,000/t in Chennai on a DAP basis.


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