Tag: Mandi scrap index
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SteelMint: India’s domestic steel scrap index drops marginally on improved supply
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/tonne (t) to INR 43,900/t DAP Mandi Gobindgarh on 28 Jan’22. The index dropped marginally on improved scrap availability in the Punjab region. Meanwhile in terms of finished steel, a few rolling mill-players said that demand is still moderate at the existing price levels as retailers/end-users…