CR busheling scrap prices rose in the range of INR 300-1,000/t in key markets due to limited supply of material. However, in the south India-based Chennai market, prices fell by INR 400/t on declining finished steel prices. CR busheling scrap offers are assessed at INR 43,300-43,700/t in Mandi Gobindgarh, INR 43,000-43,400/t in Ludhiana, INR 42,200-42,600/t in Jalna and INR 44,200-44,600/t in Chennai on a DAP basis.

Leave a Reply