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

CRCA busheling scrap prices recovered across major markets by up to INR 500/t today. However, the price hike in scrap was significantly less in comparison with semi-finished steel. CRC busheling scrap offers are assessed at INR 43,100-43,500/t in Mandi Gobindhgarh, INR 40,200-40,600/t in Chennai, and INR 40,800-41,200/t in Jalna – all on a DAP basis.


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