Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved down INR 400/ tonne (t) to INR 41,400/t DAP Mandi Gobindgarh on 22 Oct’21. Limited demand in the finished steel segment amid rising inventory levels at steel mills, i.e. overall dull sentiments, resulted in subdued buying enquiries for semi-finished steel, resulting in a slight correction in scrap offers.…