Tag: Mandi scrap index -SteelMint
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India: SteelMint scrap index falls tracking correction in steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell marginally by INR 100/tonne (t) to INR 46,200/t DAP Mandi Gobindgarh on 20 July, 2022. LMS (light melting scrap) prices are assessed at INR 41,200/t, HMS 80:20 at INR 43,900/t, and CR busheling at INR 47,200/t. However, in Ludhiana prices for end cutting and CR-busheling scrap received higher…