Tag: domestic scrap index

India: SteelMint’s scrap index dips INR 100/t amid low demand for finished steel

Mar 13, 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 43,900/t DAP Mandi Gobindgarh on 13 March, 2023. Low demand for semi-finished and finished steel products put downward pressure on scrap prices. Today, steel ingots prices in Mandi stable at INR 49,400/t at the time of reporting and price normalisation. Prices in…