Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index continue uptrend despite dull finished steel trade
SteelMint’s domestic steel scrap (end-cutting) index increased further by INR 300/tonne (t) to INR 44,500/t DAP Mandi Gobindgarh on 2 Feb’22. Steel mills across India are facing the brunt of a steep rise in raw material prices along with the increase in scrap and sponge iron prices. A strip/patra product manufacturer said that due to…