Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index dips by INR 200/t
SteelMint’s domestic steel scrap (end-cutting) index inched down by INR 200/t to INR 39,500/tonne (t) DAP Mandi Gobindgarh. Trade sources are hopeful of minor improvement as continuous corrections are urging sellers to halt offers, considering required margins. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the…