Tag: mandi melting scrap

SteelMint’s domestic steel scrap (end-cutting) index remained almost unchanged at INR 39,000/tonne (t) DAP Mandi Gobindgarh. Volatility in semi-finished steel prices through the day kept scrap prices range-bound today. Scrap supply for the usual grades has improved on a w-o-w basis, but prime grades still lag. However, few deals of imported scrap have been concluded…