Tag: Maruti CR busheling scrap auction
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India: Prices at Maruti CR-busheling scrap auction drop INR 1,000/t m-o-m
India’s largest vehicle manufacturer, Maruti Suzuki India Limited (MSIL), recently held an auction for 4,000 tonnes (t) of CR busheling prompt scrap from its Gurgaon facility on 24 February, 2023. The entire quantity was booked at INR 46,350/t ex-works, as prices fell by approximately INR 1,000/t compared to the previous month’s auction. MSIL’s auctions are…