Tag: India: OEM scrap auctions in western and northern India receive an active response

In the final week of May’24, auto component producers in western and northern India held multiple auctions of CR-HR coated, non-coated punching mix scraps. A Pune, Maharashtra-based producer received bids of INR 41,000 to 41,500/t ex-works for 2,500 t. Meanwhile, from the northern part of India, around 8,000 t of the same grade of scrap…