Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index further increased by INR 600/tonne (t) to INR 39,100/t DAP Mandi Gobindgarh. While semi-finished transactions improved scrap offers remained restrained as sellers held on to their offers because of the current uptrend in expectations of recovering previous low realisations. However, a few semi-finished steel sellers (induction furnace units) shared…