Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index fell to INR 37,300/t DAP Mandi Gobindgarh. Frequent corrections in semi-finished steel prices and adequate offers made trade participants adjust their bids accordingly and maintain the conversion spread. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap…