India: CRCA busheling scrap prices rise by up to INR 500/t

CRCA busheling scrap prices trended up in major markets by up to INR 500/t except for the southern region. Near-term prices in south India are likely to remain range-bound ahead of Pongal festival. CRC busheling scrap offers are assessed at INR 42,800-43,200/t in Mandi Gobindhgarh, INR 40,000-40,300/t in Chennai, and INR 40,400-40,800/t in Jalna – all on a DAP basis.


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