Tag: SteelMint: India’s domestic steel scrap index

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 200/tonne (t) to INR 48,900/t DAP Mandi Gobindgarh. Although scrap traders are holding the material in anticipation of a price rise in the first week of April, prices went down because of a marginal correction in semi-finished steel prices led by weak finished steel movement. Re-rollers are…