Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased by INR 500/t today (27 Nov’20). The index for melting scrap (end cutting) is assessed at INR 28,500/t DAP Mandi Gobindgarh basis. Improved transactions in semi-finished (ingot/billet) along with optimistic market sentiments across regions resulted in price hike. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the…