Author: Abhishek Bhalla

SteelMint: India’s domestic steel scrap index rises by INR 300/t as semi-finished steel trades pick up

Feb 24, 2021

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by

Abhishek Bhalla

in Melting Scrap

SteelMint’s domestic steel scrap index has moved up slightly by INR 300/t today and is assessed at INR 33,800/t DAP Mandi Gobindgarh basis. Market participants have reported improved trades in domestic scrap and semi-finished steel, however finished steel bookings are yet to pick-up. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the publishing…