Tag: Mandi scrap index prices

SteelMint’s domestic steel scrap (end-cutting) index slid by INR 900/tonne (t) to INR 47,300/t DAP Mandi Gobindgarh on 21 May 2022. Domestic scrap prices went under pressure because of slow steel ingots sales. Steel-makers continued to buy the raw material only to meet their immediate requirement for two-three days. Most mills focussed on liquidating their…