Author: Kameshwar Rao

SteelMint’s domestic steel scrap index slightly decreased to INR 37,200/t DAP Mandi Gobindgarh. Nominal downward price correction in semi-finished steel and slowdown in finished steel buying inquiries have pulled down bids for domestic scrap. Today, 15 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap…