Tag: Mandi scrap index prices
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India: SteelMint scrap index falls tracking correction in steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell marginally by INR 300/tonne (t) to INR 48,300/t DAP Mandi Gobindgarh on 13 August, 2022. LMS (light melting scrap) prices were assessed at INR 43,500/t, HMS 80:20 at INR 46,100/t, and CR busheling at INR 49,800/t. Steel ingot prices in Mandi witnessed a slight correction of INR 250/t…