Tag: Mandi scrap index prices

Scrap prices witness marginal drop Steel demand continues to remain soft in Chennai SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/tonne (t) d-o-d to INR 37,300/t ($446/t) DAP Mandi Gobindgarh on 11 July, 2024. The Mandi steel market experienced scrap shortage as mills maintained a moderate level of purchases. While the arrival of…