Author: Akshay Bedekar

SteelMint’s domestic steel scrap index (end-cutting) increased by 200/tonne (t) to INR 39,600/t DAP Mandi Gobindgarh. Improved raw material (sponge Iron) and semi-finished steel prices prompted scrap buyers to raise their bids today to maintain the conversion spread. However, a few trade participants did not float their offers due to positive sentiments in semi-finished movement…