Tag: Mandi scrap index -SteelMint
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SteelMint’s scrap index continues to edge down despite tight supplies
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 42,800/t DAP Mandi Gobindgarh on 28 October, 2022. In Mandi, steel ingots prices rose marginally by 400 INR/t d-o-d today, settling at 48,800/t at the time of reporting and price normalisation. Due to shortage of labour, scrap supply from the nearby states…