Author: Akshay Bedekar

SteelMint’s domestic steel scrap (end-cutting) index declined by INR 400/tonne (t) to INR 38,600/t DAP Mandi Gobindgarh. Limited business activity, due to continuous rainfall amid overall bearish steel sentiments, prompted scrap sellers to adjust their offers accordingly. However, scrap buyers are holding their bids, unwilling to procure at the moment amid dull sentiments due to…