India: Leading automaker's CR busheling auction sees price correction
India's leading automobile manufacturer concluded its latest CR busheling (low manganese) auction today from its Gurugram unit, with 5,600 t sold at INR 36,300-36,500/t ex-works. This marks a price drop of INR 1,450/t from the previous month, when 5,000 t was booked at INR 37,670-37,870/t.As of 26 May, CR busheling prices in Ludhiana stood at around INR 38,600/t DAP, according to BigMint assessment.