Tag: SteelMint domestic scrap index

On 12 May, SteelMint’s domestic steel scrap (end-cutting) index remained unchanged at INR 48,400/tonne (t) DAP Mandi Gobindgarh. Semi-finished steel prices witnessed a slight correction in today’s trading session. However, the trend did not reflect in melting scrap prices. Instead, prices remained supported on the back of the supply shortage in the spot market due…