Tag: India: Mandi gobindhgarh scrap Index
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SteelMint: India’s domestic steel scrap index continue uptrend despite dull finished steel trade
SteelMint’s domestic steel scrap (end-cutting) index increased further by INR 700/tonne (t) to INR 44,100/t DAP Mandi Gobindgarh on 27 Jan’22 as compared to the index published on 25 Jan’22. Steel mills across India are facing the brunt of a steep rise in raw material prices along with the price increase in scrap and sponge…