Author: Kameshwar Rao

SteelMint’s domestic steel scrap index sharply increased to INR 35,300/t DAP Mandi Gobindgarh basis. Adequate hike in semi-finished steel prices helped sellers to hike offer accordingly. However, negligible transactions have been reported amid complete shutdown. Today, 10 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20…