Tag: CRCA Busheling Scrap
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India: Busheling scrap prices plunge at recent auction held by automaker
Ferrous scrap prices are under pressure and prices of prime grade cold rolled close annealed (CRCA) busheling material auctioned by automakers have declined by INR 4,000-5,000/t in the last 15 days across all major markets in the country. At a recent auction of auto components, end-cutting scrap fetched bids at around INR 39,500-40,000/t, down from…