Tag: Mandi scrap index prices

SteelMint’s domestic scrap index rises over 7% as govt rolls back steel export duty

Nov 21, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index rose by INR 2,700/tonne (t) to INR 39,500/t DAP Mandi Gobindgarh on 21 November, 2022. The index inched up by 7% d-o-d. In a highly significant development late on 18 November 2022, the government rolled back export duties on steel and steelmaking raw materials. Export duty of 45% on pellets…