Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end cutting) index has moved up to INR 40,100/t DAP Mandi Gobindgarh. Marginal improvement in semi-finished steel prices lifted scrap bids slightly today. Today, 12 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 prices…