Author: Akshay Bedekar
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SteelMint: India’s domestic steel scrap index rises sharply by INR 700/t on supply disruption
SteelMint’s domestic steel scrap (end-cutting) index saw a sharp rise by INR 700/tonne (t) to INR 39,900/t DAP Mandi Gobindgarh today, 13 Dec ’21. Scrap offers increased owing to slight shortage of the material due to disrupted supply and following a similar hike in semi-finished steel prices on a d-o-d basis. Most of the market…