Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 40,900/t DAP Mandi Gobindgarh on 4 Dec’21. Price correction in semi-finished steel (ingots/billets), sponge iron and imported coal resulted in lower bids today. However, a few semi-finished steel manufacturers said that scrap arrival has improved marginally in the last few days but…