Tag: Mandi scrap index -SteelMint
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India: SteelMint scrap index decreases following correction in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 44,900/t DAP Mandi Gobindgarh on 23 July 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 39,700-40,100/t, HMS 80:20 at INR 42,400-42,800/t, and CR busheling at INR 45,900-46,300/t. Ingots prices in Mandi witnessed a downward correction of INR 500/t d-o-d…