Tag: Mandi scrap index prices
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India: SteelMint benchmark scrap index falls tracking decline in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 800/t to INR 42,700/tonne (t) DAP Mandi Gobindgarh on 14 June 2022. Meanwhile, prices of HMS 80:20 are at INR 40,600/t, and CR busheling at INR 44,500/t. Ingots prices in Mandi witnessed a downward correction of INR 800/t to INR 48,000/t d-o-d (till the time of…