Tag: SteelMint Mandi scrap index

SteelMint: Domestic steel scrap index recovers on surge in demand for semis

Sep 24, 2022

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by

Shankar

in Melting Scrap

The domestic steel scrap (end-cutting) index rose INR 700/t to INR 45,200/t DAP Mandi Gobindgarh on 24 September, 2022. The increased demand for semis and finished steel today trigerred the surge in scrap prices. However, semi-finished steel prices witnessed some correction in the second half of trading today. In Punjab, heavy rains affected market movement,…