Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index recovers INR 100/t on measured supply
SteelMint’s domestic steel scrap (end-cutting) index inched up by INR 100/tonne (t) to INR 38,200/t DAP Mandi Gobindgarh. Limited offers and higher bids improved scrap offers today but buyers resisted procuring in healthy volumes amid dull sentiments in basic raw material (iron ore) prices. India’s largest merchant iron ore miner, NMDC, dropped prices by INR…