Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index drops further by INR 600/t on limited semi-finished steel transactions
SteelMint’s domestic steel scrap index has seen a further drop of INR 600/t today (13 Janβ21). The index for melting scrap (end cutting) is assessed at INR 32,300/t DAP Mandi Gobindgarh basis. Buyers have turned are cautious before booking bulk quantities, trade participants reported to SteelMint. In addition to it, limited buying interest at higher…