Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased slightly and is currently assessed at INR 29,800/t DAP Mandi Gobindgarh basis. Buyers continued to raise their bids on inadequate scrap availability. Today, 18 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting…