Author: Kameshwar Rao

SteelMint’s domestic steel scrap index increased to INR 36,700/t DAP Mandi Gobindgarh basis. Healthy finished steel transactions and strengthening sponge iron prices compelled mills to raise their bids. Today, 10 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…