Ferrous scrap prices fell by INR 1,000/t on 28 Oct’21, especially in the key central Indian market of Raipur. However, prices increased by around INR 200-500/t in the northern region due to a slight uptick in semi-finished steel prices amidst supply issues. The short-term price outlook stays volatile, with prices likely to fluctuate across markets, trader sources informed SteelMint.
Leave a Reply