Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index up INR 400/t on increased offers
SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 400/t to INR 45,100/tonne (t) DAP Mandi Gobindgarh on 19 Feb’22. Sentiments, however, reversed compared to yesterday. Today, sellers turned active but buyers kept to the sidelines in hopes of a further correction in scrap prices, SteelMint learned from sources. Meanwhile, shipbreaking melting scrap prices…