Author: Tarun Naidu

On 25 January, 2024, the index for domestic steel scrap (end-cutting) in Mandi Gobindgarh, as reported by BigMint, recorded a decrease of INR 100/tonne (t), settling at INR 37,200/t on a delivered-at-plant (DAP) basis. In Mandi, a slight shortage of scrap is evident in the market, mainly attributed to mills’ hesitancy in procuring imported scrap.…