Tag: Mandi scrap index

SteelMint’s domestic steel scrap index for end-cutting material plunged INR 1,900/t to INR 47,300/t DAP Mandi Gobindgarh on 14 Mar’22. Reasons for price correction: • Limited buying interest from rolling mills for semi-finished steel on expectation of a price correction in the near term. Meanwhile, finished steel buying also weakened. • Migrant workers head home…