Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has increased to INR 39,000/t DAP Mandi Gobindgarh. Supply tightness of melting scrap amid inter-state lockdowns pushed buyers to raise their bids accordingly. 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…