Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has seen a nominal drop of INR 200/t today (11 Jan’21). The index for melting scrap (end cutting) is assessed at INR 33,100/t DAP Mandi Gobindgarh basis. Semi-finished and finished steel price corrections urged buyers to lower their bids as per market requirement resulted in scrap price decline. Few buyers…