Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index rises INR 800/t following recovery in semis demand

Jul 25, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 800/tonne (t) to INR 45,700/t DAP Mandi Gobindgarh on 25 July, 2022. Light melting scrap (LMS) prices were assessed at INR 40,700/t, HMS 80:20 at INR 43,400/t and CR busheling scrap at INR 46,900/t. Steel ingots prices in Mandi Gobindgarh increased by INR 700/t to INR…