Tag: Mandi scrap index

India: SteelMint scrap index falls to 4-week low on dull steel demand

Aug 25, 2022

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by

Shankar

in Melting Scrap

SteelMint’s scrap index fell to the lowest level in four weeks, while end-user demand for steel on the market still remains abysmal. The domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 45,500/t DAP Mandi Gobindgarh on 25 August, 2022. Amidst uncertain price movements in semi-finished and finished steel, buyers opted for…