Tag: Mandi scrap index -SteelMint

India: SteelMint scrap index soars on improved trades as supply shortage persists

Jun 27, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index climbed INR 800/t to INR 45,500/tonne (t) DAP Mandi Gobindgarh on 27 June, 2022. Meanwhile, LMS (light melting scrap) prices were at INR 40,000/t, HMS 80:20 at INR 42,700/t and CR busheling at INR 47,300/t. Indian steel producers, mainly in the northern region, are facing challenges in sourcing scrap.…