India: Melting scrap prices inch up on improved semi-finished transactions

Melting scrap prices today moved up by INR 100-200/t on usual procurement amid slight shortage in specified markets, supported by healthy semi-finished transactions. However, in Northern region, it remained stable as ongoing strike by scrap traders in the Mandi market has disturbed the movement, hence no transactions happened there. Prices on a daily basis can fluctuate slightly, sources reported to SteelMint.


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