Tag: Mandi scrap index prices

India: SteelMint’s ferrous scrap index inches up d-o-d following uptick in semis demand

Mar 1, 2023

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic scrap (end-cutting) index edged up by INR 300/t d-o-d to INR 43,900/tonne (t) DAP Mandi Gobindgarh on 1 March, 2023. The index increased as semi-finished steel demand and prices improved in today’s trading session. In the morning trade in Mandi Gobindgarh, in northern India, steel ingots prices opened on a positive note, increasing…