Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has risen by INR 1,000/t today and is assessed at INR 31,900/t DAP Mandi Gobindgarh basis. Improved transactions in semi-finished steel, tighter domestic scrap availability and optimistic market outlook resulted in hike in prices. Today, 11 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also…