Author: Abhishek Bhalla
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SteelMint: India’s domestic steel scrap index increases by INR 300/t
SteelMint domestic steel scrap index has increased by INR 300/t today (23 Oct’20). The index for melting scrap (end cutting) is assessed at INR 27,600/t in the Mandi Gobindgarh on a DAP (Delivered at Plant) basis. Prices have improved on improved demand amid hike in semi-finished steel prices. The Index also derives the HMS 80:20…