Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved down by INR 300/tonne (t) to INR 38,600/t DAP Mandi Gobindgarh. Certain factors contributed to the slight corrections. Scrap availability slightly improved and encouraged sellers to offer in a wide range amid selling pressure. Global prices witnessed a southward direction along with considerable contraction in the equities market,…