Tag: India: Mandi gobindhgarh scrap Index

SteelMint’s domestic steel scrap (end-cutting) index dropped by INR 500/tonne (t) to INR 44,100/t DAP Mandi Gobindgarh on 31 Jan’22. Dull sentiments in the semi-finished steel market amidst limited future bookings in finished steel resulted in a marginal correction in scrap prices. Trade sources are further expecting a correction in prices as it drastically increased over…