Intel Details

India: Melting scrap prices remain volatile across markets

Melting Scrap
28 May 2022, 16:36 IST
Steel Mint Intel

Melting scrap prices remained volatile across markets on 28 May'22, as per SteelMint assessment. Prices at a few locations in western India increased by around INR 1,000/t, especially in the Gujarat market, while prices in the southern region-based Hyderabad market dropped sharply by around INR 2,000/t. The near-term outlook remains unclear as prices are fluctuating on daily basis, trader sources told SteelMint.

28 May 2022, 16:36 IST
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