Author: Kameshwar Rao
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SteelMint: India’s domestic steel scrap index falls marginally by INR 300/t on limited finished steel trades
SteelMint’s domestic steel scrap index declined slightly to INR 37,200/t DAP Mandi Gobindgarh. Limited movement in finished steel and dull buying inquiries resulted in nominal correction in scrap prices today. Today, 13 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…