Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index increases marginally
SteelMint’s domestic steel scrap index slightly moved up by INR 100/t today (18 Decβ20). The index for melting scrap (end cutting) is assessed at INR 32,100/t DAP Mandi Gobindgarh basis. Limited transactions were reported today as majority of buyers have adopted a ‘wait & watch approach’. Today, 19 sets of trades, indicative prices/bids/offers were recorded…