Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 500/tonne (t) to INR 39,000/t DAP Mandi Gobindgarh on 21 Dec’21. Market participants saw limited trading activity and weaker buying interest amidst sluggishness in the market since the last 3-4 days. Scrap buyers were seen holding their bids, resisting to procure at present amidst bearish sentiments…