Tag: Mandi scrap index prices
-

India: SteelMint steel scrap index rises INR 500/t amid supply crunch
SteelMint’s domestic steel scrap (end-cutting) index moved higher by INR 500/tonne (t) to INR 46,000/t DAP Mandi Gobindgarh on 28 June, 2022. Light melting scrap (LMS) prices were assessed at INR 40,500/t, HMS 80:20 at INR 43,200/t and CR busheling scrap at INR 47,800/t. Scrap buyers raised their bids to secure adequate quantities backed by…