Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index rises by INR 400/t on improved trades
SteelMint’s domestic steel scrap index has improved by INR 400/t today and is assessed at INR 33,900/t DAP Mandi Gobindgarh basis. Market participants have reported improved buying inquiries in semi-finished along with sponge iron prices. Few transactions have been concluded at higher offers. However, few variations were noticed in bids and offers by INR 200-400/t…