Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index decreased by INR 400/t today (06 Nov’20). The index for melting scrap (end cutting) is assessed at INR 28,400/t DAP Mandi Gobindgarh basis. Limited transactions in semi-finished steel segment along with improved availability of scrap resulted in decline in prices today. The Index also derives the HMS 80:20 scrap (Heavy,…