Tag: Mandi scrap index -SteelMint
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India: SteelMint’s scrap index drops tracking correction in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 47,200/t DAP Mandi Gobindgarh on 6 August, 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 42,200/t, HMS 80:20 at INR 44,700/t, and CR busheling at INR 48,500/t. Ingots prices in Mandi fell INR 500/t d-o-d to INR 52,000/t at…