Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index drops INR 400/t amidst bearish sentiments
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 43,400/t DAP Mandi Gobindgarh on 12 Feb’22. The scrap market continues to remain bearish amidst persistent dull sentiments in the semi-finished and finished steel market. While buyers have adopted the wait and watch mode, sellers are not ready to deal below the…