Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index remained steady at INR 39,200/tonne (t) DAP Mandi Gobindgarh on 11 Dec’21. Limited transactions for semi-finished steel kept scrap offers range bound on a d-o-d basis despite a shortfall seen in scrap supply over the last few days. Market participants expect that scrap prices are likely to remain supportive…