Tag: Mandi scrap index prices
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India: SteelMint’s scrap index falls INR 400/t on low demand for semis
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 38,800/t DAP Mandi Gobindgarh on 23 November, 2022. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. A trader source said: “Before the rollback of export duties, whatever the situation was with the domestic market, prices are…