Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has noticed a downfall by INR 400/t today (06 Jan’21). The index for melting scrap (end cutting) is assessed at INR 34,200/t DAP Mandi Gobindgarh basis. Although considerable offers were floated from sellers end but owing to limited semi-finished trade volumes, domestic scrap prices observed correction today. Trade participants expect…