Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index declines by INR 200/t tracking semis’ trend
SteelMint’s domestic steel scrap index moved down to INR 33,900/t DAP Mandi Gobindgarh basis. Slight correction in semi-finished steel prices resulted in minor changes today. Today, 10 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting prices traded in…