Tag: Mandi scrap index -SteelMint

SteelMint’s domestic scrap index stable despite sluggish demand for semis

Sep 28, 2022

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by

Shankar

in Melting Scrap

The domestic steel scrap (end-cutting) index remained stable at INR 45,400/t DAP Mandi Gobindgarh on 28 September, 2022. As the domestic scrap market fluctuated in the range of +/- 200 INR/t, SteelMint’s scrap index remained stable throughout the day, while end-user demand for steel continued to remain limited. Prices of steel ingots in Mandi Gobindgarh…