Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index rise marginally
SteelMint’s domestic steel scrap index slightly moved up by INR 100/t today (19 Decβ20). The index for melting scrap (end cutting) is assessed at INR 32,200/t DAP Mandi Gobindgarh basis. Few trade participants highlighted tight supplies as the reason behind marginal increment in prices. Today, 14 sets of trades, indicative prices/bids/offers were recorded in the…