Author: Abhishek Bhalla

India: Domestic steel scrap index down marginally by INR 100/t ($1)

Dec 10, 2020

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by

Abhishek Bhalla

in Melting Scrap

SteelMint’s domestic steel scrap index fell slightly by INR 100/t today (10 Nov ’20). The price for melting scrap (end cutting) is assessed at INR 30,100/t DAP Mandi Gobindgarh basis. Average transactions in semi-finished market and slight fall in sponge iron prices have softened domestic steel scrap prices. Today, 17 sets of trades, indicative prices/bids/offers…