Tag: domestic scrap index

India: SteelMint’s scrap index edges down by INR 200/t d-o-d

Mar 14, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/tonne (t) to INR 43,700/t DAP Mandi Gobindgarh on 14 March, 2023. Limited demand for semi-finished and finished steel drove down scrap prices. Today, steel ingots prices in Mandi remained stable at INR 49,400/t at the time of reporting and price normalisation. Prices in almost all…