Tag: India: Automaker’s CR Busheling scrap auction sees price drop

A leading 4-wheeler manufacturer based in north India conducted an auction on 10 Dec’24 for approximately 2,200 t of CR busheling prompt scrap (low manganese) from its Gurgaon facility. The material was booked at INR 37,500-37,600/t exw, reflecting a price drop of INR 1,000-1,100/t compared to the previous auction on 12 Nov, where 3,900 t…