Tag: SteelMint Mandi scrap index
-

India: Mandi scrap index falls to 5-month low amid bearish sentiments
SteelMint’s domestic steel scrap (end-cutting) index fell to its lowest level in five months at INR 41,000/tonne (t) DAP Mandi Gobindgarh on 26 May 2022. In today’s trading session, all market participants (traders, buyers and sellers) remained inactive, observing the trends. Scrap prices dropped as the market turned bearish due to weak buying interest from…