Tag: domestic scrap index

India: SteelMint’s scrap index drops INR 400/t d-o-d

Mar 20, 2023

—

by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 400/tonne (t) to INR 42,300/t DAP Mandi Gobindgarh on 20 March, 2023. Domestic scrap is readily available in the market and low demand for finished steel is the major reason behind the price drop. Today, steel ingots prices in Mandi edged down by INR 400/t d-o-d…