Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index remained stable at INR 41,500/t DAP Mandi Gobindgarh on 12 Jan’22. Almost stable semi-finished steel prices on a d-o- d basis and limited transactions kept scrap prices unchanged. However mid-sized hot-charging steel units planning to run their mills five days a weak due to inadequate scrap supply have seen…