Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end cutting) index touched INR 38,500/t DAP Mandi Gobindgarh. Yesterday, 27 May’21, most of the trade associates anticipated a further correction but, surprisingly, recovery in Chinese steel futures lifted market sentiments slightly today. However, offers and bids varied by INR 500-600/t. Today, 14 sets of trades, indicative prices/bids/offers were recorded in…