Author: Akshay Bedekar

Steelmint’s domestic steel scrap index (end-cutting) increased by INR 400/tonne (t) to INR 39,400/t DAP Mandi Gobindgarh. Rising semi-finished steel prices kept scrap prices supported in the market. However, the “Bharat Band”, due to farmers’ agitation, impacted logistics, which led to offer-bid disparities widening by up to INR 400-500/t. Meanwhile, very negligible trade activities could…