Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index decreased slightly by INR 200/tonne (t) to INR 41,200/t DAP Mandi Gobindgarh. Average movement in finished steel, specifically in rebar and pipes, because of production utilisation saw nominal changes on a d-o-d basis. The factor attributed to the fluctuations is a minor shortfall in scrap since the last few…