Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index falls marginally by INR 400/t tracking semi’s corrections
SteelMint’s domestic steel scrap (end-cutting) index dropped marginally to INR 39,700/t DAP Mandi Gobindgarh. Price correction in semi-finished steel and limited buying enquiries in finished steel led to the nominal changes in scrap prices today. Today, 16 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20…