Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index declines marginally by INR 200/t
SteelMint’s domestic steel scrap index has slightly decreased to INR 37,000/t DAP Mandi Gobindgarh. Slight correction in semi-finished steel and limited transactions have compelled buyers to place their bids accordingly. However, trade participants expect that prices should rebound amid strong raw material price movement. Today, 11 sets of trades, indicative prices/bids/offers were recorded in the…