Tag: Indian automaker scrap auction price hike
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India: Leading automaker hikes CR busheling prices by around INR 500/t in latest auction
On 10 Apr’25, a leading automaker, operating from its Gurugram facility, Haryana, successfully auctioned around 5,000 t of CR busheling scrap (low manganese) at INR 35,900-36,100/t ex-plant. This marks a m-o-m increase of INR 400-600/t from the previous auction on 11 Mar’25, in which prices were at INR 35,500-35,700/t exw.