Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index falls by INR 600/t on adequate supplies
SteelMint’s domestic steel scrap (end-cutting) index declined by INR 600/tonne (t) to INR 41,800/t DAP Mandi Gobindgarh. Limited business activity in semi-finished steel and poor offtake of finished steel products urged scrap buyers to adjust their bids slightly today. A few scrap buyers are holding their bids, not willing to procure material at the moment…