Tag: Mandi scrap index prices
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SteelMint’s scrap index inches up INR 500/t amid supply crunch
SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 500/t to INR 38,500/t DAP Mandi Gobindgarh on 25 November, 2022. Scrap supply has still not improved in the domestic market. This coupled with a rise in semis prices lifted the index. Due to the continued drop in steel prices, Mandi mills were unable to…