Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index inched up today and is currently assessed at INR 29,600/t DAP Mandi Gobindgarh basis. Buyers raised their bids on tighter scrap availability. However, few market participants expect, restricted supply may further push buyers to raise their bids. Today, 17 sets of trades, indicative prices/bids/offers were recorded in the publishing window.…