Tag: OEM scrap auction August 2026

OEM scrap bids rise amid tighter regional availability Strong alloy steel prices support mill procurement A leading Indian four-wheeler company auctioned 5,300 t of low-manganese CR busheling scrap from its Gurgaon, Haryana plant on 27 August 2026, which cleared at INR 39,400-39,600/t ex-works, up INR 2,400-2,600/t from the 27 July auction that closed at INR…