Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index falls slightly following correction in steel prices

Aug 19, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell marginally by INR 200/tonne (t) to INR 47,600/t DAP Mandi Gobindgarh on 19 August, 2022. LMS (light melting scrap) prices were assessed at INR 42,600/t, HMS 80:20 at INR 45,300/t, and CR busheling at INR 48,800/t. Steel ingot prices in Mandi witnessed a slight correction of INR 300/t…