Tag: Mandi scrap index prices

SteelMint’s domestic steel scrap index (end-cutting) dipped slightly by INR 300/tonne (t) to INR 49,600/t DAP Mandi Gobindgarh. Inadequate demand for finished steel put pressure on the semi-finished market. There were no buying enquiries amid slight price correction which led scrap traders to adjust their offers accordingly today. There was supply shortage due to tight…