Tag: Mandi scrap index -SteelMint
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India: SteelMint scrap index rises on improved trades; supply shortage persists
SteelMint’s domestic steel scrap (end-cutting) index rose INR 300/tonne (t) to INR 46,300/t DAP Mandi Gobindgarh on 15 September, 2022. Steel ingots prices in Mandi Gobindgarh increased by INR 250/t d-o-d to INR 51,000/t at the time of reporting and price normalisation. Indian steel producers, mainly in the northern region, are facing challenges in sourcing…