Tag: Mandi scrap prices

SteelMint’s domestic steel scrap index decreased by INR 300/t ($4) today (09 Jan’21). The index for melting scrap (end cutting) is assessed at INR 33,300/t DAP Mandi Gobindgarh basis. Less demand and dull transactions in finished steel resulted in lowering of bids for scrap purchase today. Today, 9 sets of trades, indicative prices/bids/offers were recorded…