India: CR busheling scrap prices surge in latest auction from leading 4-wheeler manufacturer

India’s leading four-wheeler manufacturer auctioned 7,110 t of low-manganese CR busheling today from its Manesar, Haryana, plant, with the entire lot booked at INR 34,000-34,200/t ex-works. This marks a sharp rise of INR 2,440/t from the previous auction, driven by tightening supply and strong demand. In the previous auction in late Oct’25, 6,000 t of the same grade were booked at INR 31,550-31,700/t.