Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index rises further by INR 700/t on supportive semis’ trade
SteelMint’s domestic steel scrap (end-cutting) index increased by INR 700/tonne (t) to INR 41,400/t DAP Mandi Gobindgarh. Increased semi-finished steel prices urged trade participants to raise their bids amid supply shortage which resulted in the price hike today. In line, finished steel buying inquiries have also improved since the last 2-3 days, especially in patra…