Author: Kameshwar Rao

SteelMint’s domestic steel scrap index slightly increased to INR 37,400/t DAP Mandi Gobindgarh. Semi-finished price improvement resulted in hike in raw material prices in line with market requirement. However, finished steel trades in India’s secondary market are yet to pick up and therefore buyers may adjust their bids accordingly. Today, 14 sets of trades, indicative…