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 200/tonne (t) to INR 47,900/t DAP Mandi Gobindgarh on 3 Aug, 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 43,000/t, HMS 80:20 at INR 45,700/t, and CR busheling at INR 49,200/t. Ingots prices in Mandi witnessed a downward correction of INR 50/t d-o-d…