Tag: Mandi scrap index prices

SteelMint’s domestic steel scrap (end-cutting) index stood at INR 48,600/t DAP Mandi Gobindgarh on 4 August, 2022, up by INR 700/t d-o-d. LMS (light melting scrap) prices stood at INR 43,400/t, HMS 80:20 at INR 45,900/t, and CR busheling scrap at INR 49,700/t today. The conversion spread (margins) of old scrap to induction furnace (IF)-route…