Author: Kameshwar Rao

SteelMint’s domestic steel scrap (end cutting) index has moved down to INR 39,800/t DAP Mandi Gobindgarh. Marginal correction in semi-finished steel prices since the last 2-3 days have pulled down bids for scrap purchase. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap…