Tag: Mandi scrap index -SteelMint
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India: SteelMint scrap index dips following correction in semis prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 45,400/t DAP Mandi Gobindgarh on 29 June 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 40,000/t, HMS 80:20 at INR 42,700/t, and CR busheling at INR 47,300/t. Ingots prices in Mandi witnessed a downward correction of INR 700/t d-o-d…