Author: Kameshwar Rao

SteelMint’s domestic steel scrap index rose to INR 37,000/tonne (t) DAP Mandi Gobindgarh. Healthy semi-finished transactions and limited scrap offers compelled buyers to raise their bids. However, a disparity of INR 500-600/t in offers and bids was noticed among trade participants as buyers are willing to maintain the conversion spread from scrap to semi-finished steel.…