Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index drops sharply by INR 800/t ($11)
SteelMint’s domestic steel scrap index decreased by INR 800/t and is assessed at INR 30,400/t DAP Mandi Gobindgarh basis. Increased number of offers in the market have lowered scrap prices today. However, trade participants are largely remain inactive amid uncertainty in market direction. Today, 18 sets of trades, indicative prices/bids/offers were recorded in the publishing…