CRCA busheling scrap prices fell by INR 500/t in most markets in northern and western India on 22 Oct’21, as per latest reports. However, prices in south India remained range-bound with nominal changes on a day-to-day basis. Near-term prices may witness a marginal correction following declining semi-finished steel prices, although CRCA scrap prices are unlikely to fall as sharply, SteelMint understands.
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