Author: Abhishek Bhalla
-

SteelMint: India’s domestic steel scrap index falls by INR 500/t on weaker semi-finished steel prices
SteelMint’s domestic steel scrap index has fallen by INR 500/t today and is assessed at INR 31,000/t DAP Mandi Gobindgarh basis. Factor that could be attributed behind the price decline was limited transactions in semi-finished steel segment and cautious buying in finished long steel amid sharp price volatility seen today. Today, 14 sets of trades,…