Tag: India: Bids increase by around INR 2600/t at automaker’s CR busheling scrap auction

A major north India-based 4-wheeler manufacturer held an auction for around 5,000 t of CR busheling scrap (low-manganese) from its Gurgaon facility on 25 Apr’24. The entire quantity was booked at INR 39,700-39,800/t ex-works. The bid price increased by around INR 2,600-2,700/t against the last auction on 22 Mar at which 4,200 t of material…