Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index falls by INR 400/t ($5)
SteelMint’s domestic steel scrap index declined by INR 400/t and was assessed at INR 31,200/t DAP Mandi Gobindgarh basis. Considerable price correction in semi-finished steel and limited trades in finished steel, compelled mills to lower scrap purchase bids today. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also…