Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index rises marginally by INR 200/t
SteelMint’s domestic steel scrap index has increased by INR 200/t and is assessed at INR 29,900/t DAP Mandi Gobindgarh basis. Nominal shortage in melting scrap along with moderate semi-finished steel price movements led to an upside in prices on d-o-d basis. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The…