Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 500/tonne (t) to INR 43,400/t DAP Mandi Gobindgarh on 25 Jan’22. Active transactions in semi-finished steel and tight scrap supply amidst strict administrative monitoring lifted bids for scrap. However, a few trade participants said that due to higher offers (semi-finished) in the nearby markets, demand…