Melting scrap prices saw a slight improvement across markets on 22 Dec’21. Prices moved up by around INR 100-300/t following an uptrend in semi-finished prices. However, Alang market in western region witnessed minor variation in offers and prices by INR 100/t owing to similar correction in steel billet prices during yesterday’s trade session. Prices on a daily basis may slightly fluctuate, sources reported to SteelMint.

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