Author: Kameshwar Rao
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Steel Mint: India’s domestic steel scrap index further drops INR 200/t
Steel Mint’s domestic steel scrap (end-cutting) index was down by INR 200/t to INR 36,500/t DAP Mandi Gobindgarh. Scrap offers have been slightly restrained amid continuously declining prices. Some sellers do not want to sell below their cost levels. On the other hand, buyers are resisting procurements at higher prices and placing bids at current…