Tag: Mandi scrap index -SteelMint

India: SteelMint’s benchmark scrap index remains stable even as supplies recover

Sep 3, 2022

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by

Shankar

in Melting Scrap

As the market fluctuated in the range of +/- 200 INR/t, SteelMint’s scrap index remained almost constant throughout the day, while end-user demand for steel remained muted. The domestic steel scrap (end-cutting) index improved slightly by INR 50/tonne (t) to INR 45,100/t DAP Mandi Gobindgarh on 3 September, 2022. As buyers and sellers couldn’t get…