Author: Akshay Bedekar
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SteelMint: India’s domestic steel scrap index largely stable
SteelMint’s domestic steel scrap (end-cutting) index remained almost stable at INR 42,400/t DAP Mandi Gobindgarh. Scrap transactions were limited despite slight correction in semi-finished steel prices owing to limited buying inquiries amid sufficient scrap inventories with mills. In line, scrap buyers adopted a watch and watch mode and were not interested in procuring the material…