India: Power company books over 500 t of ferrous scrap at auction

A Gujarat-based power transmission company, which regularly auctions different grades of scrap from its facilities located all over India, held an auction on 14 Dec’21. The company booked 425 t of mild steel (MS) end-cutting scrap at INR 38,550-38,650/t exw from its Raipur facility in Chhattisgarh. It also booked 100 t of MS turning scrap at INR 34,550/t exw at the same auction.


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