Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index stable on moderate transactions in semis
SteelMint’s domestic steel scrap (end-cutting) index remained stable at INR 40,700/ (t) DAP Mandi Gobindgarh on 8 Jan’22. Scrap offers remained range bound owing to moderate movement in semi-finished steel in today’s trading session. Only sporadic scrap contracts were concluded today. A few re-rollers informed that buying inquiries in strip and pipe segment have improved…