Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 300/tonne (t) to INR 38,400/t DAP Mandi Gobindgarh. Prime factors supporting this marginal hike were the slight price improvement in semi-finished steel products amid measured supply in the market. In addition, very few deals happened till the publishing of this index as scrap sellers held…