Tag: Mandi scrap indexSteelMint: India domestic steel scrap index

SteelMint: Domestic scrap index edges up INR 200/t following uptick in semis’ prices

Oct 4, 2022

—

by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index edged higher by INR 200/tonne (t) to INR 45,200/t DAP Mandi Gobindgarh on 4 October, 2022. In the second half of today’s trading session, surprisingly, semis’ prices increased despite low demand. Steel ingots prices in Mandi Gobindgarh inched up by INR 200/t d-o-d to INR 50,700/t at the time…