Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has accelerated by INR 900/t today and is assessed at INR 33,200/t DAP Mandi Gobindgarh basis. Active semi-finished steel and finished steel bookings along with tighter supplies have resulted in subsequent price hikes. Today, 10 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives…