Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index falls further by INR 700/t to INR 41,900/t DAP Mandi Gobindgarh.Factors that contributed to the decline in scrap prices today included limited buying enquiries in finished steel amid adequate scrap supply which prompted traders to adjust their offers. However, hot charging and standalone units said that finished steel inventories…