Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has marginally increased to INR 37,800/t DAP Mandi Gobindgarh. Market participants highlighted slight supply issues of semi-finished steel and melting scrap which pushed prices up. Today, 18 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…