Author: Kameshwar Rao

SteelMint’s domestic steel scrap index (end-cutting) increased by 400/tonne (t) to INR 39,100/t DAP Mandi Gobindgarh on 8 Dec’21. Scrap traders raised their offers today on the back of a marginal rise in raw material (sponge iron) prices and following an increase in semi-finished steel (ingot/billet) prices. However, a few trade participants said that currently,…