Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has witnessed another hike by INR 700/t today and is assessed at INR 31,500/t DAP Mandi Gobindgarh basis. Improved transactions in semi-finished led to price increase today apart from prevailing supply tightness. Market sources remain uncertain on future price outlook. Today, 12 sets of trades, indicative prices/bids/offers were recorded in…