Tag: Mandi scrap index -SteelMint

SteelMint: Improved semis demand lifts Mandi scrap index – 27 July

Jul 27, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 650/tonne (t) to INR 47,400/t DAP Mandi Gobindgarh on 27 July, 2022. Light melting scrap (LMS) prices were assessed at INR 42,500/t, HMS 80:20 at INR 45,200/t and CR busheling scrap at INR 48,900/t. The key factor supporting the hike in scrap prices was improved demand…