Tag: SteelMint domestic scrap index

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 1,250/ tonne (t) to INR 50,500/t d-o-d DAP Mandi Gobindgarh on 23 Mar’22. The index dropped on account of weak demand amidst uncertain price movements. As a result, buyers opted for a wait and watch mode which led to spot trading slowing down throughout the day,…