Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has increased by INR 700/t and is assessed at INR 29,700/t DAP Mandi Gobindgarh basis. Nominal shortage in melting scrap along with improved semi-finished steel movement led to upside in prices on d-o-d basis. Today, 12 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also…