Tag: Mandi scrap index prices
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SteelMint: India’s domestic steel scrap index edges up amid tight availability
SteelMint’s domestic steel scrap (end-cutting) index moved up marginally by INR 200/tonne (t) to INR 49,500/t DAP Mandi Gobindgarh on 5 May 2022. Scrap availability in the market is still tight as arrival from the surrounding markets is impacted by GST checkings launched by the officials to crack down on unaccountable transactions. Meanwhile, scrap buyers…