Tag: SteelMint Mandi scrap index

India: SteelMint benchmark scrap index falls on sluggish finished steel sales

Jul 19, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 600/tonne (t) to INR 46,300/t DAP Mandi Gobindgarh on 19 July, 2022. LMS prices stood in the range of INR 41,000-41,300/t, HMS 80:20 at INR 44,000/t, and CR busheling scrap at INR 47,300/t. In spite of low scrap availability in the domestic market, prices decreased as…