Tag: Ferrous Scrap

A leading four-wheeler manufacturer successfully auctioned 5,200 t of CR busheling scrap (low manganese) from its Gurgaon facility on 27 Mar’26. Winning bids hit INR 35,250-35,450/t ex-works, INR 650-850/t higher over the 26 Feb auction, signalling robust scrap demand fuelled by ongoing material shortages. As per BigMint analysis, the March average price for loose CR…