Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/ tonne (t) to INR 38,200/t DAP Mandi Gobindgarh. Lower bids in anticipation of further corrections in semi-finished steel led to the decline in scrap prices today. However, due to heavy rainfall predictions over the next few days amid festive holidays, a lack of demand has…