Tag: Mandi scrap index prices

SteelMint: Domestic scrap index rises by INR 400/t on rise in semis’ prices

Sep 1, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index rose INR 400/tonne (t) to INR 44,600/t DAP Mandi Gobindgarh on 1 September, 2022. Steel ingots prices in Mandi Gobindgarh increased by INR 300/t d-o-d to INR 49,300/t at the time of reporting and price normalisation. Scrap prices increased on account of increase in semis’ prices although the trades…