Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 200/t to INR 40,900/tonne (t) DAP Mandi Gobindgarh, surpassing the previous day’s record. Limited scrap accumulation forced buyers to raise their bids to procure requisite volumes. Today, 14 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS…