Tag: Mandi scrap index prices
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SteelMint’s scrap index falls by INR 700/t tracking drop in semis’ prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 700/tonne (t) to INR 43,700/t DAP Mandi Gobindgarh on 18 January, 2023. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. Today, steel ingots prices in Mandi fell by INR 700/t d-o-d to INR 49,600/t at the time of reporting and…