Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index up by INR 300/t on active trades
SteelMint’s domestic steel scrap index has increased by INR 300/t today (28 Nov’20). The index for melting scrap (end cutting) is assessed at INR 28,800/t DAP Mandi Gobindgarh basis. Improved trades in melting scrap along with price gains in sponge iron seen across the major markets led to marginal hike today. Today, 13 sets of…