Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 300/tonne (t) to INR 38,500/t DAP Mandi Gobindgarh. Marginal improvement in semi-finished steel prices along with nominal shortage in melting scrap induced sellers to raise their offers today. However, a few trade participants said a slight demand enhancement in finished steel, particularly in the rebar…