Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has increased to INR 39,000/t DAP Mandi Gobindgarh. Supply tightness of melting scrap, oxygen supply constraints limited steel production and strengthening semi-finished steel movement led to slight improvement today. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap…