CRCA busheling scrap prices fell by INR 100-300/t across major markets on 7 Feb’22 on moderate finished steel movement. However, the Chennai market in south India saw prices increasing on account of tight supply. CR busheling scrap offers are assessed at INR 45,600-46,000/t in Mandi Gobindhgarh, INR 44,900-45,300/t in Ludhiana, INR 41,900-42,300/t in Jalna, and INR 42,200-42,600/t in Chennai on a DAP basis.
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