Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index increased marginally by INR 200/t today (27 Oct’20). The index for melting scrap (end cutting) is assessed at INR 28,100/t on a DAP (Delivered at Plant) Mandi Gobindgarh basis. Index moved up owing to healthy transactions observed in semi-finished (Ingot/billet). The Index also derives the HMS 80:20 scrap (Heavy, Med),…