Tag: Mandi scrap index prices

India: SteelMint scrap index dips following correction in semis prices

Jun 20, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 500/tonne (t) to INR 43,200/t DAP Mandi Gobindgarh on 20 June 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 38,400/t, HMS 80:20 at INR 41,100/t, and CR busheling at INR 45,000/t. Ingots prices in Mandi witnessed a downward correction of INR 600/t d-o-d…