Tag: Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index slid by INR 1,000/tonne (t) to INR 47,600/t DAP Mandi Gobindgarh on 5 August, 2022. Meanwhile, LMS (light melting scrap) prices were assessed at INR 42,600/t, HMS 80:20 at INR 45,100/t, and CR busheling at INR 49,000/t. The correction in semis prices led to the decline in scrap prices.…