Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 300/tonne (t) to INR 40,200/t DAP Mandi Gobindgarh on 14 Dec’21. Scrap prices remained supported by a slight recovery in semi-finished steel prices on a d-o-d basis. Inline, scrap availability in the market has improved slightly in the last few days as traders have become active…