Tag: SteelMint Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index remained largely stable at INR 48,300/t DAP Mandi Gobindgarh on 11 May 2022. Indian domestic scrap prices remained largely stable amid limited trade. Most mills adopted cautious approach against restocking melting scrap amid volatile domestic prices and subdued finished steel demand. Mills expect prices to soften. Today, the market…