Intel Details

India: Melting scrap prices witness mild volatility

Melting Scrap
27 Jul 2021, 19:03 IST
Steel Mint Intel

Melting scrap prices witnessed minor fluctuations across the country on 27 Jul'21, as per Steelmint assessment. On the one hand, the market remained positive, especially in the western region, due to lack of offers amid the strike at Alang. On the other hand, the Punjab market witnessed a slight correction in prices owing to adjustments in the semi-finished steel market. Prices in the near-term are expected to remain supported, particularly in the western region, trader sources told SteelMint.

27 Jul 2021, 19:03 IST
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