Author: Abhishek Bhalla
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SteelMint: Indian domestic steel scrap index remains stable
SteelMint’s domestic steel scrap index witnessed stability today (04 Dec ’20). The price index for melting scrap (end cutting) is assessed at INR 30,100/t DAP Mandi Gobindgarh basis. Semi-finished steel and sponge iron prices observed minor variations by INR 200-300/t d-o-d basis. On the other hand, imported scrap trades in India have also remained slow…