Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/t to INR 40,500/t DAP Mandi Gobindgarh. Price correction in sponge iron and semi-finished steel (ingots/billets) amid poor offtake in finished steel induced scrap traders to adjust their offers slightly today. Further, re-rollers said, due to limited buying enquiries for finished steel over the last few…