Tag: domestic scrap index

India: SteelMint’s scrap index remains stable d-o-d amid limited buying enquires

Feb 20, 2023

—

by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic scrap (end-cutting) index remained unchanged d-o-d at INR 44,000/tonne (t) DAP Mandi Gobindgarh on 20 February, 2023 The index remained stable with the market showing a slowdown in trade activities even as shortage of scrap persists in the market. Steel ingots prices in Mandi Gobindgarh fell by INR 50/t d-o-d to INR 49,250/t…