CR busheling scrap prices witnessed a major correction of up to INR 1,400/t in Punjab, north India, on account of the decline in semi-finished and finished steel prices. Also, prices fell by INR 200/t in Chennai and Jalna. CR busheling scrap offers are assessed at INR 49,100-49,500/t in Mandi Gobindhgarh, INR 49,600-50,000/t in Ludhiana, INR 47,900-48,300/t in Jalna and INR 49,300-49,700/t in Chennai on a DAP basis.
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