Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased by INR 400/t today (04 Jan’21). The index for melting scrap (end cutting) is assessed at INR 34,600/t DAP Mandi Gobindgarh basis. Improved buying inquiries in semi-finished and finished steel segment, pushed buyers to raise their bids for scrap procurement. Today, 13 sets of trades, indicative prices/bids/offers were recorded…