Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased by INR 400/t today (15 Dec’20). The index for melting scrap (end cutting) is assessed at INR 31,500/t DAP Mandi Gobindgarh basis. Limited offers on tight availability owing to ongoing farmers’ protest continued to impact supplies resulting in hike in offers. Trade participants expect prices to remain supportive in…