Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index remained steady at INR 40,400/tonne (t) DAP Mandi Gobindgarh on 29 Dec’21. Limited transactions for semi-finished steel and moderate scrap supply kept offers (scrap) range-bound. A few scrap sellers expect that near-term prices may remain range-bound with no major changes. Today, 12 sets of trades, indicative prices/bids/offers were recorded…