Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index shot up by INR 600/tonne (t) to INR 40,300/t DAP Mandi Gobindgarh. A few transactions in semi-finished steel, propped up by firm buying inquiries and optimistic sentiments among trade associates, pushed up scrap prices further. However, sellers are trying to restrain the offers amid positive evaluation in the near…