Tag: India: CR busheling prices jump INR 2400–2600/t at top automakers auction

India: CR busheling prices jump INR 2,400-2,600/t at leading automaker’s auction

Apr 28, 2026

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by

Tarun Naidu

in Melting Scrap

India’s leading four‑wheeler manufacturer successfully auctioned 5,000 t of CR busheling scrap (low manganese) from its Gurgaon, Haryana, facility on 27 Apr’26. Winning bids reached INR 37,770-37,970/t ex‑works, up INR 2,400-2,600/t from the 27 March’26 auction, highlighting robust scrap demand amid persistent material shortages in northern India’s steel hub. BigMint assessed the weekly average prices…