India: Melting scrap prices rise by up to INR 800/t ($11)

Melting scrap prices continued its uptrend across various Indian markets. According to market sources, traders have held back their offers and are offering at a limited range with a view to see further uptrend in semi-finished steel market. Near term price range may remain supportive on improved demand and supply in finished steel, trade participants reported to SteelMint.


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