Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index dropped by a marginal INR 100/tonne (t) to INR 37,700/t DAP Mandi Gobindgarh. A slight correction in semi-finished steel prices prompted trade participants to adjust their bids accordingly today. However, inadequate supply of scrap in the market may support the prices in the short term, as per sources. Today,…