India: Melting scrap prices remain majorly stable

Domestic melting scrap prices are almost stable d-o-d in major scrap consuming markets except the western region where prices increased marginally by INR 100/t and the northern region where it fell by INR 200/t due to slow trade activities in the semi-finished market. Current trade price for HMS (80:20) is assessed at INR 24,100-24,300/t Jalna and INR 22,700-23,000/t Chennai (DAP).


Comments

Leave a Reply

Your email address will not be published.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