Tag: domestic scrap index

India: SteelMint domestic scrap index almost stable d-o-d amid limited trade enquiries

Mar 21, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 100/tonne (t) to INR 42,200/t DAP Mandi Gobindgarh on 21 March, 2023. The market’s easy access to domestic scrap and the lack of demand for finished steel are the main causes of the price decline. Today, steel ingot prices in Mandi were up by INR 100/t…