Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has marginally increased to INR 38,000/t DAP Mandi Gobindgarh. Trade participants remained cautious amidst uncertainty in future market outlook, inadequate future bookings due to ongoing lockdown restrictions. However, trade channels anticipate prices to remain range bound without any major changes in the near term. Today, 18 sets of trades, indicative…