Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index falls following correction in steel prices

Aug 18, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell marginally by INR 450/tonne (t) to INR 47,800/t DAP Mandi Gobindgarh on 18 August, 2022. LMS (light melting scrap) prices were assessed at INR 42,800/t, HMS 80:20 at INR 45,500/t, and CR busheling at INR 49,000/t. Steel ingot prices in Mandi witnessed a slight correction of INR 600/t…