Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index rises further by INR 400/t on supportive sentiments
SteelMint’s domestic steel scrap (end-cutting) index increased by INR 400/tonne (t) to INR 47,000/t DAP Mandi Gobindgarh. Increased semi-finished steel prices prompted buyers to raise their bids today. A few market participants said that finished steel buying inquiries have also improved since the last 2-3 days, especially in patra and rebar products which pushed up…