Tag: benchmark auction update

A prominent north India-based 4-wheeler manufacturer auctioned 4,600 t of CR Busheling scrap (low manganese) on 11 Mar’25 at its Gurgaon facility in Haryana. The winning bids ranged within INR 35,500-35,700/t exw, a decline of INR 700-900/t compared to the auction held on 11 Feb’25, where 3,380 t were sold at INR 36,400-36,600/t exw.