Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index remains stable on limited inquiries
SteelMint’s domestic steel scrap index witnessed stability today on limited buying inquiries. The index for melting scrap (end cutting) is assessed at INR 28,000/t DAP Mandi Gobindgarh basis. Market participants cited uncertainty for future market trends owing to logistics & transportation issues seen amid farmer’s protest on highways seen for a couple of days. Domestic…