Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index falls by INR 600/t
SteelMint’s domestic steel scrap index has moved down by INR 600/t today and is assessed at INR 33,500/t DAP Mandi Gobindgarh basis. Limited trades in melting scrap owing to bearish market sentiments in semi-finished steel, resulted in price corrected today. Today, 11 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index…