Tag: Mandi scrap index prices
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SteelMint scrap index edges lower INR 150/t tracking decline in semis prices
SteelMint’s domestic steel scrap (end-cutting) index moved down by INR 150/tonne (t) to INR 44,600/t DAP Mandi Gobindgarh on 14 October, 2022. Today, steel ingot prices in Mandi saw a marginal correction of INR 200/t d-o-d to INR 50,300/t at the time of reporting and price normalisation. Trading in semi-finished and finished steel remained limited…