Tag: Mandi scrap index

  • SteelMint: India’s domestic steel scrap index rises sharply

    SteelMint: India’s domestic steel scrap index rises sharply

    SteelMint’s domestic steel scrap (end-cutting) index rose sharply by INR 3,600/tonne (t) to INR 51,100/t DAP Mandi Gobindgarh on 21 Mar’22. Increased sponge iron and semi-finished steel prices across regions propelled scrap traders to raise their offers today. It is also heard that a few ingots suppliers in Punjab region are holding offers on expectation…