Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index remains range-bound
SteelMint’s domestic steel scrap (end-cutting) index was slightly down by INR 100/tonne (t) to INR 36,400/t DAP Mandi Gobindgarh. Average semi-finished transactions kept scrap buying almost on the same level compared to the previous closing. Today, 10 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20…