Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index drops by INR 400/t on limited bids
SteelMint’s domestic steel scrap (end cutting) index fell to INR 38,100/t DAP Mandi Gobindgarh. Limited buying interest and disparity in offers and bids resulted in a nominal correction today. India’s import offers for ferrous scrap slid by around $15-20/tonne (t) on 25 May’21, compared to the week that ended 22 May’21, as per SteelMint reports.…