Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index falls by INR 200/t ; rains restrict trade
SteelMint’s domestic steel scrap (end cutting) index declined by INR 200/tonne (t) to INR 38,600/t DAP Mandi Gobindgarh. Limited movement in finished steel amid dull buying inquiries due to constant rains resulted in nominal correction in scrap prices today. Today, 11 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also…