Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 400/tonne (t) to INR 40,800/t DAP Mandi Gobindgarh on 30 Dec’21. A parallel improvement in prices of semi-finished steel and sponge iron along with an overall uptick in trade dynamics across regions kept scrap prices elevated. Meanwhile, tight scrap availability especially from the nearby markets due…