Tag: domestic scrap index
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SteelMint’s domestic scrap index rises INR 400/t as semis prices increase
SteelMint’s domestic steel scrap (end-cutting) index rose by INR 400/tonne (t) to INR 42,200/t DAP Mandi Gobindgarh on 14 February 2023. Meanwhile, end-user demand for steel continues to remain limited. In yesterday’s late-hours trading session, some finished steel sellers increased prices to boost the market. This lifted the index, sources informed. Steel ingots prices in…