Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index up by INR 400/t on limited offers
SteelMint’s domestic steel scrap index increased by INR 400/t today (11 Nov’20). The index for melting scrap (end cutting) is assessed at INR 27,700/t DAP Mandi Gobindgarh basis. Improved transactions in semi-finish steel along with limited sellers, resulted in hike in offers on d-o-d basis. Today, 12 sets of trades, indicative prices/bids/offers were recorded in…