North India: Auto component producer books 300 t steel scrap at auction

A north India-based auto component manufacturer conducted an auction for around 300 t of HR-CR steel scrap on 21 Oct’21 from its plant at Bhiwadi in Rajasthan. As per updates received from sources, the entire material was booked at INR 42,300/t exw. SteelMint’s CRCA scrap (loose) assessment stood at INR 43,100-300/t DAP Mandi Gobindgarh on 21 Oct.


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