Tag: India domestic steel scrap index
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SteelMint: India domestic steel scrap index edges down on muted buying
SteelMint’s domestic steel scrap (end-cutting) index edged down by INR 200/tonne (t) to INR 52,300/t DAP Mandi Gobindgarh on 21 Apr’22. The scrap market continues to remain bearish amidst persistent dull sentiments in the semi-finished and finished steel market. While buyers have adopted the wait and watch approach, sellers are not ready to deal below…