Tag: Mandi scrap index prices
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SteelMint’s benchmark scrap index drops INR 500/t
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 500/tonne (t) to INR 42,000/t DAP Mandi Gobindgarh on 15 December 2022. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. Today, steel ingots prices in Mandi saw a downward correction of INR 450/t d-o-d, falling to INR 47,000/t at the…