Tag: Punjab Ferrous scrap Prices

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 200/tonne (t) to INR 38,700/t DAP Mandi Gobindgarh. Slight improvement in semi-finished steel buying inquiries from rolling mills amid tight raw material availability resulted in higher scrap offers today. Re-rollers claimed that finished steel sale volumes are not enough despite marginal improvement in melting scrap…