Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased today and is currently assessed at INR 29,500/t DAP Mandi Gobindgarh basis. Moderate buying inquiries, tighter availability and slight improvement in market sentiments in semi finished segment have pushed prices up. However, finished steel transactions are yet to pick up, market participants mentioned. Today, 12 sets of trades, indicative…