Tag: SteelMint Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index moved up by INR 650/tonne (t) to INR 41,650/t DAP Mandi Gobindgarh on 27 May 2022. Scrap availability in the market is extremely low since GST-checks launched by government officials to eliminate unaccountable transactions have impacted arrivals from the nearby markets. Meanwhile scrap buyers have raised their bids in…