India: Melting scrap prices remain volatile across markets

Melting scrap prices witnessed minor fluctuations across markets on 21 Oct’21, as per SteelMint reports. Prices at most locations decreased by around INR 200-300/t, while prices remained supported in the Mumbai and Chennai markets following improved buying enquiries in semi-finished and finished steel products, especially in Mumbai. Prices remained flat in a few other markets on average d-o-d procurement, SteelMint notes.


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