Author: Romil Sethi

SteelMint’s domestic scrap (end-cutting) index remained unchanged d-o-d at INR 43,400/tonne (t) DAP Mandi Gobindgarh on 27 February, 2023. The index remained stable with the market showing a slowdown in trade even as shortage of scrap persists. Sponge iron prices in India rose by INR 50-200/t in key locations. Buying interest among participants remained active…