India: CRCA busheling scrap prices remain largely supported

CRCA busheling scrap prices increased by up to INR 400/t, with key markets in the country witnessing positive sentiments and prices firming up in the southern region on stable semi-finished steel movement. CRCA busheling scrap offers are assessed at INR 43,600-43,900/t in Mandi Gobindhgarh, INR 40,500-40,800/t in Chennai, and INR 40,900-41,300/t in Jalna – all on a DAP basis.


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