Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up slightly by INR 100/tonne (t) to INR 38,000/t DAP Mandi Gobindgarh. Despite stability in semi-finished and sponge iron prices, scrap traders raised their offers only slightly today due to limited accumulation of scrap in the market. Further, a few scrap buyers reported that limited offers were floating…