Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index witnessed stability today (31 Nov’20). The index for melting scrap (end cutting) is assessed at INR 33,500/t DAP Mandi Gobindgarh basis. Limited transactions were reported today. The prices observed stability despite correction in semi-finished prices (which fell by INR 200-300/t) owing to limited availability. Today, 16 sets of trades, indicative…