Author: Romil Sethi

SteelMint’s domestic steel scrap (end-cutting) index remained stable at INR 42,300/t DAP Mandi Gobindgarh on 23 March, 2023. The market for semis and finished steel was weak. Moreover, the liquidity issue presisted. Sponge iron prices in India fell in the range of INR 100-300/tonne (t) in key locations, with spot trades remaining moderate due to…