Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index soars on improved sentiments – 7 July

Jul 7, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index climbed INR 800/t to INR 46,500/tonne (t) DAP Mandi Gobindgarh on 7 July 2022. The indicative prices for LMS (light melting scrap) prices were at INR 41,300/t, HMS 80:20 at INR 43,800/t and CR busheling at INR 48,000/t. As the sudden hike in semi-finished prices has perplexed the market,…