Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index dropped significantly by INR 700/tonne (t) to INR 44,400/t DAP Mandi Gobindgarh on 9 Feb’22. Scrap prices fell as the market turned bearish due to weak buying interest from end-users of finished products. Trade sources are further expecting a correction in prices as they drastically increased over the past…