Tag: Mandi scrap index -SteelMint
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India: SteelMint scrap index trends lower following correction in steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 500/tonne (t) to INR 47,100/t DAP Mandi Gobindgarh on 20 August, 2022. Light melting scrap (LMS) prices were assessed at INR 42,100/t, HMS 80:20 at INR 44,800/t, and CR busheling at INR 48,300/t. Steel ingot prices in Mandi witnessed a slight correction of INR 400/t d-o-d…