Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index rises by INR 200/t
SteelMint’s domestic steel scrap index has moved up further to INR 40,200/t DAP Mandi Gobindgarh. Price uptick in semi-finished steel along with existing tighter availability of scrap pushed offers up. Today, 15 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…