Tag: Mandi scrap index prices
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SteelMint’s domestic scrap index drops tracking correction in semi-finished steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 700/tonne (t) to INR 41,700/t DAP Mandi Gobindgarh on 2 November, 2022. Today, steel ingots prices in Mandi saw a downward correction of INR 550/t d-o-d, falling to INR 47,700/t at the time of reporting and price normalisation. Trading in semi-finished and finished steel remained limited…