Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index edges up amid tight availability
SteelMint’s domestic steel scrap index (end-cutting) inched up by INR 300/tonne (t) to INR 45,100/t DAP Mandi Gobindgarh on 08 Feb’22. Scrap availability continues to remain tight on supply constraints amidst GST checkings in the surrounding markets. Meanwhile, with a marginal hike in semi-finished steel prices, scrap buyers have raised their bids to secure adequate…