Tag: Mandi scrap index prices

India: SteelMint’s scrap index dips by INR 100/t on low demand for semis

Dec 20, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index inched down by INR 100/t to INR 42,600/t DAP Mandi Gobindgarh on 20 December, 2022. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. Today, steel ingots prices in Mandi fell by INR 100/t d-o-d to INR 47,600/t at the time of reporting and…