India: Melting scrap prices see minor fluctuations across markets

Steel melting scrap prices witnessed minor changes across regions in the country on 20 Apr’22, as per SteelMint reports. Melting scrap prices saw an uptick in western India-based Alang market due to supply shortage while prices in other locations inched lower owing to lack of firm demand and following correction in semi-finished steel prices. Scrap prices may remain range-bound in the short term, trade sources informed SteelMint.


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