Tag: SteelMint domestic scrap index

India: SteelMint’s scrap index drops INR 100/t on limited demand

Mar 16, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic scrap (end-cutting) index decreased by INR 100/t d-o-d to INR 43,200/tonne (t) DAP Mandi Gobindgarh on 16 March, 2023. The index edged down slightly because of low trade enquiries for semi-finished and finished steel. Steel ingots prices in Mandi Gobindgarh up by INR 50/t d-o-d to INR 48,950/t. Prices in almost all key…