Author: Kameshwar Rao
-
India: Domestic steel scrap index rises by INR 500/t on active trade in semis
SteelMint’s domestic steel scrap index (end-cutting) increased by INR 500/tonne (t) to INR 38,700/t DAP Mandi Gobindgarh. Healthy transactions in semi-finished steel market amid just a few scrap offers floated by traders propelled mills to raise bids. However, trader sources said that a few export deals in semi-finished products have been concluded recently which has…