Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index rises further on improved trades
SteelMint’s domestic steel scrap index has witnessed a second consecutive hike today (28 Oct’20). The index for melting scrap (end cutting) is assessed at INR 28,400/t DAP Mandi Gobindgarh basis. Index moved up by INR 300/t amid decent trades and positive market sentiments. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR…