Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index rises further by INR 500/t amidst supply disruptions
SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 500/tonne (t) to INR 39,600/t DAP Mandi Gobindgarh today, 09 Nov’21. The rise in scrap offers comes against the backdrop of supply disruptions and followed by a considerable hike in semi-finished steel prices on a d-o-d basis. A few trade participants said that healthy finished…