Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 1,500/tonne (t) to INR 49,000/t DAP Mandi Gobindgarh on 25 Mar’22 due to decline in bids. There were plenty of offers in the market today which gave buyers the confidence to lower their bids. Additionally, weak demand for finished steel products dragged down semi-finished steel prices…