Tag: domestic scrap index
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India: SteelMint’s scrap index rises INR 300/t despite slowdown in demand
SteelMint’s domestic scrap (end-cutting) index edged up by INR 300/t d-o-d to INR 44,300/tonne (t) DAP Mandi Gobindgarh on 6 March, 2023. The index rose slightly despite slowdown in trade activities even as shortage of scrap persists in the market. Steel ingots prices in Mandi Gobindgarh rose by INR 300/t d-o-d to INR 49,700/t at…