Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index has observed a sharp hike by INR 800/t today (26 Dec’20). The index for melting scrap (end cutting) is assessed at INR 32,600/t DAP Mandi Gobindgarh basis. Limited material availability, logistical constraints amid farmer’s protest compelled buyers to raise their bids for domestic scrap Interstate scrap movement has been badly…