SteelMint

Tag: Mandi scrap index -SteelMint

  • SteelMint’s benchmark scrap index drops INR 4,500/t w-o-w

    SteelMint’s benchmark scrap index drops INR 4,500/t w-o-w

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    by

    Shankar
    in

    SteelMint’s domestic steel scrap (end-cutting) index fell by INR 1,100/tonne (t) to INR 36,800/t DAP Mandi Gobindgarh on 18 November, 2022. The index dropped to INR 4,500/t w-o-w. Sellers, buyers, and traders remained muted today, watching the market instead of taking positions. Sources informed SteelMint that those who had sold material on credit were worried…