Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased by INR 200/t today (01 Jan’21). The index for melting scrap (end cutting) is assessed at INR 33,700/t DAP Mandi Gobindgarh basis. Improved semi-finished transactions led to marginal increase in prices today. Today, 18 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives…