Tag: Mandi scrap indexSteelMint: India domestic steel scrap index

SteelMint’s domestic steel scrap (end-cutting) index rose INR 400/tonne (t) to INR 47,500/t DAP Mandi Gobindgarh on 9 August, 2022. Light melting scrap (LMS) prices were assessed at INR 42,500/t, HMS 80:20 at INR 45,100/t and CR busheling scrap at INR 48,900/t. As scrap procurement inquiries began to trickle in, sellers held on to their…