Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 300/tonne (t) to INR 42,500/t DAP Mandi Gobindgarh. The main factor supporting the uplift in scrap prices today was the slight price improvement in sponge iron amid healthy semi-finished steel transactions, which urged buyers to raise their bids. A few trade participants feel semi-finished product prices…