Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 400/tonne (t) to INR 39,000/t DAP Mandi Gobindgarh. The main factor supporting the higher scrap prices today was healthy semi-finished steel transactions amid improved buying enquiries in finished steel, which urged buyers to raise their bids. A few trade participants reported that scrap prices may stay…