CRCA busheling scrap prices remained stable today, following nominal changes in semi-finished steel prices. Induction furnace operators are cautious and only sporadic contracts for small tonnages were reported, with minor variations in prices. CRC sheet cutting scrap offers are assessed at INR 41,400-41,700/t in Mandi Gobindhgarh, INR 39,300-39,600/t in Chennai and INR 39,200-39,600/t in Jalna, all on a DAP basis.
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