Tag: Mandi scrap index -SteelMint

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/tonne (t) to INR 45,400/t DAP Mandi Gobindgarh on 19 September, 2022. The price discrepancy in the domestic market is due to the lack of demand for finished products and semis, as prices kept decreasing. Buyers took a wait-and-watch approach, which led to subdued trading in…