Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index remains flat
SteelMint’s domestic steel scrap (end-cutting) index remained flat at INR 37,300/t DAP Mandi Gobindgarh. Only a few transactions were recorded due to local logistics strike which affected regular procurement activity. Today, 14 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR…