Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index rises further by INR 400/t
SteelMint’s domestic steel scrap (end-cutting) index touched INR 40,000/t DAP Mandi Gobindgarh. Healthy raw material prices and limited scrap availability in the market, resulted in the price hike. Today, 16 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting…