Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/t to INR 37,600/t DAP Mandi Gobindgarh. Price fluctuations in semi-finished steel amid slight correction in sponge iron prices prompted traders to adjust their offers today. However, few trade participants, particularly steel manufacturers, expect that semi-finished steel prices may remain supportive in the near term as…