Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has moved down by INR 400/t today and is assessed at INR 33,800/t DAP Mandi Gobindgarh basis. Marginal downward correction in semi-finished steel prices has resulted in mills postponing their scrap purchases and in turn lowering their bids. Today, 9 sets of trades, indicative prices/bids/offers were recorded in the publishing…