Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/t to INR 44,200/t DAP Mandi Gobindgarh on 3 Feb’22. An overall bearish market trend, due to lack of demand in semi-finished as well as finished steel and logistics constraints amidst continuous rainfalls in the major market, prompted buyers to lower their bids today. Meanwhile, with…