Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index increased by INR 400/tonne (t) to INR 45,300/t DAP Mandi Gobindgarh on 23 Feb’22. A similar hike in prices of semi-finished steel and sponge iron along with an improvement in trade dynamics across regions supported scrap prices. Most market participants said that improved sentiments have prompted retailers to lift…