Tag: Mandi scrap index prices
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India: SteelMint’s scrap index rises marginally amid limited semis’ demand
SteelMint’s domestic steel scrap (end-cutting) index inched up by INR 100/tonne (t) to INR 42,700/t DAP Mandi Gobindgarh on 19 December, 2022. Scrap supply has still not improved in the domestic market. This, coupled with a rise in semis’ prices, amid limited demand for the same, lifted the index marginally. Ingots prices in the Mandi…