Author: Kameshwar Rao

SteelMint’s  domestic steel scrap index remains stable at INR 36,700/t DAP Mandi Gobindgarh despite marginal fall in semi-finished steel prices. Limited availability of scrap and slight improvement in sponge iron prices have kept scrap prices supported. Today, 12 sets of trades, indicative prices/bids/offers were recorded in the publishing window. The Index also derives the HMS…