Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 300/tonne (t) to INR 40,500/t DAP Mandi Gobindgarh. The main factor supporting the higher scrap prices today was healthy semi-finished steel transactions amid measured scrap supply, which urged buyers to raise their bids. However, a few trade participants said that demand for semi-finished (billets) has improved…