Tag: domestic scrap index

India: SteelMint’s scrap index falls INR 100/t on limited demand

Mar 7, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic scrap (end-cutting) index decreased by INR 100/t d-o-d to INR 44,200/tonne (t) DAP Mandi Gobindgarh on 7 March, 2023. The index edged down slightly as trade slowed down even as shortage of scrap persists in the market. Major markets such as Mumbai, Jalna, Durgapur remained closed due to Holi festival. Steel ingots prices…