Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index rises INR 700/t on recovery in steel demand

Jul 1, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index climbed INR 700/t to INR 45,700/tonne (t) DAP Mandi Gobindgarh on 1 July, 2022. Light melting scrap (LMS) prices were at INR 40,000/t, HMS 80:20 at INR 42,500/t and CR busheling at INR 47,800/t. Steel ingots prices in Mandi Gobindgarh increased by INR 600/t to INR 51,500/t d-o-d (till…