Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 300/tonne (t) to INR 37,400/t DAP Mandi Gobindgarh. Marginal price enhancement in semi-finished steel along with nominal shortage in melting scrap induced sellers to raise their offers today. However, few trades happened today because sellers held on to their offers raising market sentiments, particularly in…