Tag: Mandi scrap index prices
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SteelMint’s domestic scrap index remains supported due to supply concerns
SteelMint’s domestic steel scrap (end-cutting) index inched up by INR 600/tonne (t) to INR 42,900/t DAP Mandi Gobindgarh on 8 December, 2022. The index moved up as scrap buyers raised their bids to secure adequate quantities backed by a marginal rise in semi-finished steel prices. Ingots prices in the Mandi market rose by INR 600/t…