Author: Abhishek Bhalla
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SteelMint : India’s domestic steel scrap index stands stable on less trades
SteelMint’s domestic steel scrap index remained stable today (23 Decβ20). The index for melting scrap (end cutting) is assessed at INR 31,500/t DAP Mandi Gobindgarh basis. Limited transactions in melting scrap have kept prices firm today. Today, 12 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS…