Author: Romil Sethi

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 400/tonne (t) to INR 42,300/t DAP Mandi Gobindgarh on 20 March, 2023. Domestic scrap is readily available in the market and low demand for finished steel is the major reason behind the price drop. Indian sponge iron prices declined in the range of INR 100-600/t in…