Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 37,800/t DAP Mandi Gobindgarh. Limited buying inquiries in semi-finished steel amid adequate scrap supply in the market resulted in continuous corrections in scrap bids today. Today, 12 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives…