Tag: Mandi scrap index -SteelMint
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India: SteelMint domestic steel scrap index drops INR 800/t
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 800/tonne (t) to INR 46,000/t DAP Mandi Gobindgarh on 23 Aug, 2022. LMS (light melting scrap) prices were assessed at INR 41,000/t, HMS 80:20 at INR 43,700/t and CR busheling scrap at INR 47,200/t today. Amidst uncertain price movements, buyers opted for a wait-and-watch approach, which…