Tag: Mandi scrap index prices
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India: SteelMint’s benchmark scrap index remains stable even as supplies recover
The domestic steel scrap (end-cutting) index remained stable at INR 44,200/t DAP Mandi Gobindgarh on 22 September, 2022. The price discrepancy in the domestic market is due to the lack of demand for finished products and semis, as prices keep decreasing. Steel ingots in Mandi opened on a negative note today and dropped from INR…