Melting scrap prices witnessed a downward correction across key markets on 26 May 2022. Decreasing sponge iron prices and limited trades in semi-finished and finished steel markets weighed down scrap prices. On the contrary, western-based Alang market prices rose by INR 1,000/t d-o-d due to rise in buying enquiries and bookings concluded by local buyers in yesterday's session, SteelMint notes.
By logging in to SteelMint you have accepted the
Terms & Conditions
Write a name for your map selection