Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has seen a nominal drop of INR 200/t today (12 Jan’21). The index for melting scrap (end cutting) is assessed at INR 32,900/t DAP Mandi Gobindgarh basis. Prices are likely to remain range bound in the near term without witnessing any significant changes , trade participants reported to SteelMint. Today,…