Tag: SteelMint Mandi scrap index

On 5 April, SteelMint’s domestic steel scrap (end-cutting) index remained almost unchanged at INR 49,700/tonne (t) DAP Mandi Gobindgarh. Semi-finished 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 a huge shortage of the material seen in…