Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index flat amidst volatile semis prices
SteelMint’s domestic steel scrap (end-cutting) index remained largely stable at INR 44,800/tonne (t) DAP Mandi Gobindgarh on 7 Feb’22 amidst slight fluctuations in semi-finished steel prices. Scrap buyers booked only requisite quantities to run the plants, sources said. Meanwhile, the availability of scrap in the market is still tight as supply from the surrounding markets…