Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index falls marginally by INR 200/t tracking semis’ correction
SteelMint’s domestic steel scrap (end-cutting) index corrected marginally by INR 200/tonne (t) to INR 38,500/t DAP Mandi Gobindgarh. Today’s adjustment in semi-finished steel prices prompted trade participants to place their bids accordingly. A few trade participants said scrap arrival in the market is improving gradually and that there is not much likelihood of change in…