Tag: domestic scrap index

India: SteelMint’s scrap index rises INR 300/t despite sluggish market

Mar 27, 2023

—

by

Tarun Naidu

in Uncategorized

SteelMint’s domestic scrap (end-cutting) index edged up by INR 300/t d-o-d to INR 42,700/tonne (t) DAP Mandi Gobindgarh on 27 March, 2023. The index rose slightly despite slowdown in trade activities even as liquidity issues persisted in the market. Steel ingot prices in Mandi Gobindgarh inched up by INR 250/t d-o-d to INR 48,400/t at…