Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index remained unchanged at INR 38,200/t DAP Mandi Gobindgarh. Variations in semi-finished product prices induced scrap buyer to hold their bids today for some time during which period, prices improved marginally. This led scrap sellers to restrain their offers which led to limited trade today. Further, there is inadequate supply…