Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index down marginally on limited offers
SteelMint’s domestic steel scrap (end-cutting) index decreased marginally by INR 100/t at INR 53,100/tonne (t) DAP Mandi Gobindgarh on 8 Mar’22 amidst slight fluctuations seen in semi-finished steel prices. However, there were limited scrap offers in the market as sellers adopted the wait-and-watch mode on expectations that prices may go up further in the near…