Indian ferrous melting scrap prices

India: Ferrous scrap prices fluctuate across markets

Melting scrap prices fluctuated across major markets, tracking semi-finished steel movements as well as limited availability, especially in the northern and western regions of the country. Low semi-finished trade volumes – particularly in the second half of the day – in the Gujarat market and the western region in general could weigh on melting scrap prices on a d-o-d basis, SteelMint learnt from trade sources.


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