India: Melting scrap prices fall by up to INR 700/t

Melting scrap prices continued a downtrend particularly in the northern region despite limited availability and following declining semi-finished steel prices. However, in other regions, it remained range-bound with slight fluctuations, trade participants reported to SteelMint. A few trade associates expect scrap prices to inch up on a d-o-d basis particularly in the western region.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *