Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index inched down INR 100/t to INR 44,900/tonne (t) DAP Mandi Gobindgarh on 22 Feb’22. Market participants saw limited trading activity and weaker buying interest amidst sluggishness in the market since the last 3-4 days. Slow finished steel movement and poor future bookings despite lower capacity utilisation dragged down semi-finished…