Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index slightly move down by INR 100/t today (03 Nov’20). The index for melting scrap (end cutting) is assessed at INR 28,200/t DAP Mandi Gobindgarh basis. Limited transactions observed among market participants led to minor correction d-o-d basis. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet…