Tag: Mandi scrap index prices
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India: SteelMint’s scrap index drops tracking correction in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 1,200/tonne (t) to INR 38,500/t DAP Mandi Gobindgarh on 16 November, 2022. The price of domestic melting scrap, however, fell to its lowest level since April this year. Mandi ingots opened this morning at INR 45,000/t, but later slipped to INR 44,000/t at the time of…