Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index slightly up by INR 100/t on supply constraint
SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 100/tonne (t) to INR 38,800/t DAP Mandi Gobindgarh. Limited accumulation of scrap into yards along with limited movement due to the monsoon, prompted sellers to raise their offers today. Further, a few trade participants said if arrival of scrap does not improve in the near…