Tag: Mandi scrap index prices

India: SteelMint’s scrap index falls INR 600/t tracking correction in semi-finished steel prices

Nov 17, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 37,900/t DAP Mandi Gobindgarh on 17 November, 2022. The index dropped to the lowest level in one year on account of poor buying interest for semis and finished steel. A trader source said: “There are liquidity issues in the market, which are…