Tag: mandi melting scrap price
-

SteelMint: India’s domestic steel scrap index largely stable
SteelMint’s domestic steel scrap (end-cutting) index remained almost firm at INR 39,000/tonne (t) DAP Mandi Gobindgarh. Few scrap transactions were reported through the day but prices remained range-bound today. Availability of the usual grades of scrap is better w-o-w basis but higher quality grades are still in tight supply. However, few induction furnace units indicated…