Tag: Mandi scrap index prices

India: SteelMint’s scrap index drops tracking correction in semis prices

Aug 22, 2022

—

by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index slipped INR 300/tonne (t) to INR 46,800/t DAP Mandi Gobindgarh on 22 August, 2022. LMS (light melting scrap) prices were assessed at INR 41,800/t, HMS 80:20 at INR 44,500/t, and CR busheling at INR 48,000/t. Ingot prices in Mandi witnessed a downward correction of INR 200/t d-o-d to INR…