Tag: India steel scrap prices May 2026

OEM auction prices fall across major hubs on weak buying interest Flat steel correction, inventory pressure keeps buying cautious India’s CR busheling scrap market softened in May 2026 compared with April 2026, especially in the northern and southern regions, where prices dropped by INR 1,000-1,700/t m-o-m, as weak demand in the secondary steel market, flat…