Tag: India Ferrous melting scrap prices

SteelMint’s domestic steel scrap (end-cutting) index gained by INR 200/tonne (t) to INR 39,000/t DAP Mandi Gobindgarh. An improvement in semi-finished steel prices by around INR 300-400/t on a d-o-d basis lifted scrap offers despite measured buying inquiries in finished steel. The positive trend in semi-finished and finished steel across major markets lifted buying interest…