Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index increased further by INR 1,600/tonne (t) to INR 53,200/t DAP Mandi Gobindgarh on 7 Mar’22. An improvement in semi-finished prices supported melting scrap prices. Due to an overall bearish trend as steel ingots prices almost touched an all-time high (INR 60,500/t DAP), scrap offers in the market also increased,…