Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up INR 100/tonne (t) to INR 41,800/t DAP Mandi Gobindgarh on 15 Jan’22. The key factor boosting scrap prices are improved sponge iron and semi-finished steel trades today. However, participants observed that scrap supply seems slightly disturbed over the last three to four days from the surrounding markets…