Tag: Mandi scrap indexSteelMint: India domestic steel scrap index
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India: SteelMint scrap index falls following correction in steel prices
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 600/tonne (t) to INR 48,000/t DAP Mandi Gobindgarh on 13 July, 2022. LMS (light melting scrap) prices are assessed at INR 42,800/t, HMS 80:20 at INR 45,300/t, and CR busheling at INR 49,500/t. Ingots prices in Mandi witnessed a downward correction of INR 600/t d-o-d to…