India: Melting scrap prices witness volatility across markets

Melting scrap prices showed mixed trends across regional markets on 10 Nov’21, as per SteelMint reports. Prices edged higher in a few markets following improved demand in the finished steel segment amidst constrained supplies. Meanwhile, in a few other markets, prices contracted, especially in Gujarat, as semi-finished steel prices decreased yesterday. Prices are likely to vary in the near term, trader sources informed.


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