Tag: Mandi scrap index prices

India: SteelMint’s scrap index falls by INR 300/t tracking drop in semis’ prices

Dec 29, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 300/tonne (t) to INR 44,300/t DAP Mandi Gobindgarh on 29 December, 2022. Today, steel ingots prices in Mandi saw a marginal correction of INR 300/t d-o-d to INR 49,300/t at the time of reporting and price normalisation. Trading in semi-finished and finished steel remained limited with…