Tag: Mandi scrap index -SteelMint
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India: SteelMint benchmark scrap index up INR 500/t on semis demand recovery
SteelMint’s domestic steel scrap (end-cutting) index increased further by INR 500/tonne (t) to INR 42,800/t DAP Mandi Gobindgarh on 11 June, 2022. Meanwhile, prices of HMS 80:20 stood at INR 41,000/t, and CR busheling at INR 45,200/t. The key factor supporting the hike in scrap prices on a d-o-d basis was improved demand of semi-finished…