Tag: Mandi scrap index
-
Why are India’s melting scrap prices declining?
Steel mills struggle with low demand, inventory pile-up Semis’ prices drop as finished steel sales decline Imported and domestic scrap prices at similar levels Global demand for ferrous scrap tepid Morning Brief: Indian domestic ferrous scrap prices have fallen 24% and further southward movements are expected in the near term. SteelMint’s domestic steel scrap (end-cutting)…