Author: Abhishek Bhalla

SteelMint’s domestic steel scrap index remained stable today (26 Oct’20). The index for melting scrap (end cutting) is assessed at INR 27,900/t DAP (Delivered at Plant) Mandi Gobindgarh basis. Limited transactions in semi-finished (Ingot/billet) resulted in price stability of domestic scrap. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting…