Author: Shankar
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SteelMint: India’s domestic steel scrap index flat amidst volatile semis prices
SteelMint’s domestic steel scrap (end-cutting) index remained stable at INR 50,500/tonne (t) DAP Mandi Gobindgarh on 24 Mar’22 amidst slight fluctuations in semi-finished steel prices. Limited semi-finished steel transactions have weighed down scrap prices with market participants turning less active. Today, Mandi ingots prices remained high in the morning session but later fell down and…