Tag: Mandi scrap index -SteelMint

SteelMint’s domestic steel scrap (end-cutting) index slipped INR 650/tonne (t) to INR 48,250/t DAP Mandi Gobindgarh on 17 August, 2022. LMS (light melting scrap) prices were assessed at INR 43,300/t, HMS 80:20 at INR 46,000/t, and CR busheling at INR 49,500/t. The correction in semis and finished prices led to the decline in scrap prices.…