Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index soared by INR 1,400/tonne (t) to INR 42,500/t DAP Mandi Gobindgarh. The main factor supporting the surge in scrap prices today was healthy semi-finished steel transactions amid overall bullish steel sentiments which urged buyers to raise their bids. In line, inter-state scrap supply has been gaining momentum since the…