Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 500/tonne (t) to INR 38,100/t DAP Mandi Gobindgarh. The key factor supporting this marginal hike was the price improvement in semi-finished steel amid tighter supply. In line with the price rise, a few scrap traders held on to their offers in anticipation that the market…