Intel Details

India: Ferrous scrap prices rally on positive semi-finished steel sentiments

Melting Scrap
14 Oct 2021, 18:39 IST
Steel Mint Intel

Ferrous scrap prices witnessed a marginal upward correction in most of the major markets on 14 Oct'21. Prices moved up by around INR 700/t especially in Mandi Gobindgarh on supportive semi-finished steel movement amidst improved buying enquiries in finished steel segment. The other markets, too, witnessed a price hike by INR-200-300/t. However, a few markets remained inactive due to festive holidays. SteelMint learnt.

14 Oct 2021, 18:39 IST
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