Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index dropped marginally by 100/tonne (t) to INR 39,900/t DAP Mandi Gobindgarh on 18 Dec’21. Slight fluctuations in sponge iron and semi-finished steel prices prompted scrap traders to adjust their offers. Trade activities slowed down in the market with limited deals recorded due to logistics constraints amidst the ongoing strike,…