Tag: Mandi scrap prices

SteelMint’s domestic steel scrap index (end-cutting) slightly declined by INR 200/tonne (t) to INR 38,000/t DAP Mandi Gobindgarh. Inadequate demand for finished steel put pressure on the semi-finished market. There were no buying enquiries amid slight price correction which led scrap traders to adjust their offer accordingly today. There was supply shortage due to tight…