Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index remained almost unchanged at INR 38,100/t DAP Mandi Gobindgarh. There was average demand for semi-finished steel even as billets/ingots supply increased in the local markets. Supply in semis increased in the local markets only because of the higher landed costs of the material in markets in neighbouring states, impacting…