Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index remains stable
SteelMint’s domestic steel scrap index witnessed stability today (19 Nov’20). The index for melting scrap (end cutting) is assessed at INR 29,500/t DAP Mandi Gobindgarh basis. Semi-finished steel observed slight price fluctuation in prices today. Sufficient availability of domestic scrap prevented prices from increasing further. Today, 18 sets of trades, indicative prices/bids/offers were recorded in…