Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index remains stable
SteelMint’s domestic steel scrap index remained stable in trades concluded today (29 Oct’20). The index for melting scrap (end cutting) is assessed at INR 28,400/t DAP Mandi Gobindgarh basis amid stability in semi-finished steel prices. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting prices traded in the region. Scrap…