India: CRCA coated scrap receives bids at INR 41,000-41,300/t at auction

CRCA busheling scrap prices saw minor fluctuations across major markets amidst disparity in offers and bids, especially in markets in the northern and western regions. An auction conducted on 3 Dec’21 by a Gujarat-based auto part producer for 200 t of CRCA zinc-coated scrap fetched bids at around INR 41,000-41,300/t exw. In another auction from Gurgaon, HR-CR mixed busheling scrap received bids at INR 39,650/t exw.