Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index remained stable at INR 41,000/t DAP Mandi Gobindgarh. Adequate scrap offers and better transactions in semi-finished steel helped scrap offers to remain firm on a d-o-d basis. Overall, scrap supply has improved and despite fluctuations in semi-finished steel prices, the market witnessed usual transaction levels. Market participants believe that…