Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index declines by INR 300/t
SteelMint’s domestic steel scrap (end-cutting) index moved down by INR 300/t to INR 35,000/t DAP Mandi Gobindgarh. Consistent power outages for 72 hours are impacting trading and forcing sellers to conclude deals on buyers’ bids. Sellers are also being forced to conclude ready material deals hastily to prevent paying truck halting penalties. Today, 12 sets…