Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end cutting) index recovered to INR 39,200/t DAP Mandi Gobindgarh. The prices picked up on improved semi-finished steel trades and hike in billet prices. However, market participants are uncertain on future market outlook. Today, 16 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the…