Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 37,600/t DAP Mandi Gobindgarh. Moderate buying inquiries and correction in semi-finished steel prices amid a slight fall in prices of sponge iron led scrap traders to lower their offers today. Trade participants, especially traders, are in wait-and-watch mode and holding their offers…