Tag: SteelMint Mandi scrap index

SteelMint: Mandi scrap index falls by INR 800/t on lower bids – 16 July

Jul 16, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 800/t to INR 46,400/t DAP Mandi Gobindgarh.. LMS (light melting scrap) prices were assessed at INR 41,100/t, HMS 80:20 at INR 43,600/t, and CR busheling scrap at INR 47,700/t today. Steel ingots prices in Mandi witnessed a slight correction of INR 700/t d-o-d to INR 52,000/t…