Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up to INR 38,100/tonne (t) DAP Mandi Gobindgarh. Supportive semi-finished steel transactions strengthened scrap bids today. However, most of the sellers are holding offers since they are keen to recover previous losses. A week ago, they had to liquidate material when prices had been headed south-ward. Today, 12…