Tag: India: Mandi gobindhgarh scrap Index

SteelMint’s domestic steel scrap (end-cutting) index declined sharply by INR 900/tonne (t) to INR 38,200/t DAP Mandi Gobindgarh. Bearish sentiments dragged down the overall market today and trade participants, specifically buyers (induction furnace units) , were not interested in placing proper bids., Sellers, on the other hand, are trying to offload material at considerable discounts…