Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index gains by INR 500/t on improved buying inquiries
SteelMint’s domestic steel scrap index has moved up to INR 37,800/t DAP Mandi Gobindgarh. Average transactions and improved buying amid optimistic market sentiments led to hike in bids. However, few offers and bids saw disparity of INR 500-700/t. Today, 17 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives…