Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 1,100/t to INR 49,700/tonne (t) DAP Mandi Gobindgarh on 3 May’22. The index dropped on account of weak demand amidst uncertain price movements. Buyers remained on a wait-and-watch mode which led to spot trading slowing down throughout the day, SteelMint learnt from sources. Further, finished steel…