Tag: Mandi scrap index -SteelMint

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/tonne (t) to INR 39,200/t DAP Mandi Gobindgarh on 22 November, 2022. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. A trader source said: “There are liquidity issues in the market, which are hindering spot trades. The domestic scrap market…