Tag: Steelmint domestic steel scrap index
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SteelMint: India’s domestic steel scrap index edges up in anticipation of supply shortage
SteelMint’s domestic steel scrap (end-cutting) index rose by INR 400/tonne (t) to INR 50,400/t DAP Mandi Gobindgarh. Inter-state scrap movement remained limited owing to stringent departmental monitoring of material to prevent unaccountable transactions. Shipbreaking melting scrap prices in Gujarat’s Alang market increased by INR 200/t d-o-d, SteelMint assessment shows. HMS (80:20) prices are assessed at…