Tag: SteelMint domestic scrap index
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India: SteelMint’s scrap index remains rangebound amid soft steel demand
SteelMint’s domestic steel scrap (end-cutting) index inched up by INR 100/tonne (t) to INR 42,300/t DAP Mandi Gobindgarh on 22 March, 2023. Mandi witnessed a lack of demand for semi-finished and finished steel today. Steel ingots prices opened on a positive note and increased up to INR 48,300/t, but in the second half of the…