Tag: Mandi scrap index prices

India: SteelMint’s ferrous scrap index drops INR 400/t d-o-d

Oct 29, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 42,400/t DAP Mandi Gobindgarh on 29 October, 2022. In Mandi, steel ingots prices decreased marginally by 400 INR/t d-o-d today, settling at 48,400/t at the time of reporting and price normalisation. Due to shortage of labour, scrap supply from the nearby states…