Tag: Mandi scrap index

India: SteelMint scrap index edges down tracking drop in semis prices

Jun 18, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/t to INR 43,700/tonne (t) DAP Mandi Gobindgarh on 18 June 2022. Meanwhile, LMS (light melting scrap) prices are assessed at INR 38,900/t, HMS 80:20 at INR 41,600/t, and CR busheling at INR 45,500/t. Ingots prices in Mandi witnessed a downward correction of INR 600/t to…