Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 600/tonne (t) to INR 41,500/t DAP Mandi Gobindgarh on 11 Jan’22. Improved semi-finished steel sentiments propelled scrap sellers to hold back offers to increase bids. A few trade participants said that dispite moderate finished steel sales, semi-finished prices rose due to limited availability of the material owing…