Author: Kameshwar Rao

SteelMint’s domestic steel scrap index has sharply increased to INR 38,100/t DAP Mandi Gobindgarh. Strengthening prices supported by bullish sentiments led to d-o-d price changes. However, increasing price levels kept buyers cautious and transactions remained moderate. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS…