Tag: Mandi scrap index prices
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India: SteelMint’s scrap index inches down on decline in semis prices – 8-Aug
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 100/tonne (t) to INR 47,100/t DAP Mandi Gobindgarh on 8 August, 2022 amid a drop in semis’ prices. Meanwhile, light melting scrap (LMS) prices were assessed at INR 42,100/t, HMS 80:20 at INR 44,600/t, and CR busheling at INR 48,400/t. Steel ingot prices in Mandi witnessed…