Tag: India: Automakers CR Busheling scrap auction sees bids rise by INR 755/t+maruti auction_resukt maruti+crc auction+car maker

A major north India-based four-wheeler manufacturer auctioned 4,800-5,000 t of CR busheling scrap (low manganese) at its facility in Gurgaon, Haryana, on 10 Jun’25. The winning bids ranged between INR 33,900-34,000/t exw, reflecting a decline of INR 950-1,000/t compared to the previous auction on 13 May’25. The reduction in prices suggests market pressures such as…