Tag: Mandi scrap index prices
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SteelMint’s scrap index falls INR 300/t tracking drop in steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/tonne (t) to INR 42,700/t DAP Mandi Gobindgarh on 18 March, 2023. Low demand for semi-finished and finished steel put downward pressure on scrap prices. During morning trade today in Mandi Gobindgarh, north India, steel ingots prices opened at INR 48,600/t, but inched down later in…