Tag: Mandi melting scrap prices

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 100/tonne (t) to INR 39,000/t DAP Mandi Gobindgarh. Tight availability and regular trades in semi-finished supported scrap prices today. Market participants anticipate scrap availability will improve gradually if the goods and services tax (GST) is reduced to 5%. There is a rumour to this effect…