Tag: SteelMint Mandi scrap index

On 17 May, SteelMint’s domestic steel scrap (end-cutting) index rose marginally by INR 300/t to INR 48,000/tonne (t) DAP Mandi Gobindgarh. Semi-finished steel prices witnessed a slight correction in today’s trading session. However, the trend did not reflect in melting scrap prices. Instead, prices remained supported on the back of the supply shortage in the…