Tag: Steel Scrap
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India: SteelMint benchmark scrap index rises on improved trade
SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 300/tonne (t) to INR 41,750/t DAP Mandi Gobindgarh on 9 June 2022. Prices increased on account of an improvement in trade activity in today’s trading session. Scrap buyers have raised their bids to secure adequate quantity backed by a marginal increase in semi-finished steel prices.…