Author: Kameshwar Rao

SteelMint’s domestic steel scrap index (end-cutting) increased marginally by INR 200/tonne (t) to INR 42,500/t DAP Mandi Gobindgarh on 22 Jan’22. A slight improvement in semi-finished steel prices prompted scrap buyers to raise their bids to secure adequate quantities. However, the bad weather condition and tight administrative checking to prevent unaccounted transactions, kept trade activities…