Tag: Mandi scrap index
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SteelMint’s steel scrap index drops INR 400/t on semis’ price correction
SteelMint’s domestic steel scrap (end-cutting) index fell INR 400/tonne (t) to INR 44,200/t DAP Mandi Gobindgarh on 21 September, 2022. The price discrepancy in the domestic market is due to the lack of demand for finished products and semis, as prices keep decreasing. Steel ingots in Mandi opened on a positive note today and touched…