Tag: Mandi scrap index -SteelMint

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 300/tonne (t) to INR 47,800/t DAP Mandi Gobindgarh on 10 August, 2022. Light melting scrap (LMS) prices were assessed at INR 42,800/t, HMS 80:20 at INR 45,400/t and CR busheling scrap at INR 49,200/t. The key factors supporting the hike in scrap prices were improved demand…