Tag: Mandi scrap index -SteelMint
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SteelMint: Domestic steel scrap index drops INR 300/t tracking correction in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/tonne (t) to INR 46,000/t DAP Mandi Gobindgarh on 16 September, 2022. The price discrepancy in the domestic market is due to the lack of demand for finished products and semis, as prices keep decreasing, while domestic scrap prices are rising on a daily basis. Amidst…