Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has drifted up by INR 700/t today and is assessed at INR 34,300/t DAP Mandi Gobindgarh basis. Healthy transactions observed in semi-finished steel resulted buyers to raise their scrap bids accordingly which resulted in price hike. Today, 12 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The…