Tag: Mandi scrap index prices
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SteelMint: India’s domestic steel scrap index stable in absence of trade
SteelMint’s domestic steel scrap (end-cutting) index remained unchanged at INR 48,300/tonne (t) DAP Mandi Gobindgarh on 26 April. Scrap trade remained muted amidst weak domestic demand for semi-finished and finished steel products, sources informed SteelMint. Scrap buyers are not interested in booking in large volumes at present amidst tight liquidity in the market. The Index…