Indian scrap prices, which were recorded at $388 on March 5, started to fall on March 6. The fluctuating prices started to rise but remained on a downward trend for a long time.
After falling to $370 on March 21, the lowest level since February, scrap prices held steady until March 25 and resumed an upward trend on March 26. On March 28, prices reached $381, which was not the highest seen in March but still marked a significant increase.
As of April 1, prices were recorded at $381. Price fluctuations were also observed in February, indicating that there was no steady decline or increase. Market forecasts suggest that prices will not experience large fluctuations in the coming days.
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