Author: Kameshwar Rao

SteelMint’s domestic steel scrap index for end-cutting material declined by INR 500/t to INR 42,000/t DAP Mandi Gobindgarh. Sluggish movements in the finished steel market in the midst of overall lack of buying enquiries from the re-rolling mills could be attributed as the key reason. Overall bearish sentiments prompted scrap traders to adjust their offers…