Tag: Mandi scrap index -SteelMint
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SteelMint’s scrap index continues to edge down amid lower semis prices
SteelMint’s domestic steel scrap (end-cutting) index is stable at INR 39,700/t DAP Mandi Gobindgarh on 15 November, 2022. The price of domestic melting scrap, however, fell to its lowest level since April. Mandi-based mills increased semis prices to encourage sellers to sell scrap due to a shortage of melting scrap in Punjab. However, no results…