India: Melting scrap prices see minor fluctuations by INR 100-500/t

Melting scrap prices have witnessed slight adjustments on a d-o-d basis. Buyers seemed to be a little cautious but stepped forward to procure raw material for smooth operations, raising their bids slightly, specifically in the Northern region. However, few markets remained weak tracking semi-finished steel movement. Near-term prices may recover on a d-o-d basis, trade participants reported to SteelMint.


Comments

Leave a Reply

Your email address will not be published.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