Tag: India domestic scrap prices

SteelMint’s domestic steel scrap index increased by INR 500/t ($7) today (02 Jan’21). The index for melting scrap (end cutting) is assessed at INR 34,200/t DAP Mandi Gobindgarh basis. Tight material availability, improved transactions in semi-finished led to increase in scrap prices today. Today, 13 sets of trades, indicative prices/bids/offers were recorded in the publishing…