Tag: india domestic ferrous scrap
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India’s domestic steel scrap index almost stable on tight availability
SteelMint’s domestic steel scrap (end-cutting) index remained almost stable at INR 42,000/tonne (t) DAP Mandi Gobindgarh on 7June 2022. Semi-finished steel prices witnessed a slight correction in today’s trading session. However, the trend did not reflect in melting scrap prices. Scrap prices remained supported on the back of supply shortage in the spot market due…