India: CR busheling scrap prices rise in the range of INR 100-500/t across markets

CR busheling scrap prices rose up to INR 500/t in Punjab, north India, due to shortage of material. In the southern region, the market remained unchanged with negligible change in semi-finished steel prices. CR busheling scrap offers are at INR 51,300-51,700/t in Mandi Gobindhgarh, INR 51,000-51,400/t in Ludhiana, INR 47,500-47,900/t in Jalna and INR 49,500-49,900/t in Chennai on a DAP basis.