Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has moved down to INR 37,300/t DAP Mandi Gobindgarh. Market sentiments turned panic today considering the increase in COVID cases, which in turn kept buyers away leading to limited transactions. However, few participants anticipate that prices may rebound in the near term. Today, 13 sets of trades, indicative prices/bids/offers were…