Author: Kameshwar Rao

SteelMint’s domestic steel scrap index remains stable at INR 36,200/t DAP Mandi Gobindgarh basis. Limited availability of scrap and stability in sponge iron prices have kept market prices range unchanged. Today, 12 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…