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

On 11 Sept’24, a prominent 4-wheeler manufacturer in North India conducted an auction for approximately 3,000 tonnes of CR busheling prompt scrap (low manganese) at its Gurgaon-Haryana facility. The entire lot was sold at INR 38,500-38,600/t ex-works, reflecting a price increase of INR 700-800/t compared to the previous auction on 9 Aug, where 3,153 t…