Author: Kameshwar Rao

  • SteelMint: India’s domestic steel scrap index largely stable

    SteelMint: India’s domestic steel scrap index largely stable

    SteelMint’s domestic steel scrap (end-cutting) index remained almost firm at INR 39,700/tonne (t) DAP Mandi Gobindgarh. Very few transactions were reported through the day due to restrained offers. Sellers are expecting an upward trend amid a slight shortfall in scrap supply especially from inter-state. Scrap availability remained elusive specifically from UP and Bihar since suppliers…