Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end cutting) index fell sharply to INR 38,700/t DAP Mandi Gobindgarh. Market participants shared that the price range seems highly volatile. The bid-offer disparity widened further up to INR 600-800/t and thus very few transactions were reported. Semi-finished steel prices in Mandi Gobndgarh have fallen by INR 1,350/t today. However, few…