Author: Kameshwar Rao

SteelMint’s domestic steel scrap index sharply decreased to INR 36,600/t DAP Mandi Gobindgarh. Limited buying in semi finished segment resulted in lowering bids for scrap procurement today. Today, 17 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS 80:20 scrap (Heavy, Med), and CR Sheet cutting prices…