Author: Abhishek Bhalla

SteelMint: India’s domestic steel scrap index up by INR 300/t on bullish market sentiments

Nov 13, 2020

—

by

Abhishek Bhalla

in Melting Scrap

SteelMint’s domestic steel scrap index has increased by INR 300/t today (13 Nov’20). The index for melting scrap (end cutting) is assessed at INR 28,500/t DAP Mandi Gobindgarh basis. Positive market sentiments and decent buying inquiries resulted in domestic scrap price hike as well. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the…