Tag: Major auction result
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India: Automaker’s CR busheling scrap auction sees bids rise by up to INR 900/t
On 25 Aug’25, a prominent 4-wheeler manufacturer in north India conducted an auction for approximately 5,900 t of CR busheling prompt scrap (low manganese) at its Gurgaon-Haryana facility. The entire lot was sold at INR 36,100-36,200/t exw, reflecting a price increase of INR 900/t compared to the previous auction on 25 July, where 5,000 t…