Tag: SteelMint Mandi scrap index
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SteelMint: India’s domestic steel scrap index drops INR 300/t amidst bearish sentiments
SteelMint’s domestic steel scrap (end-cutting) index fell by INR 300/tonne (t) to INR 49,400/t DAP Mandi Gobindgarh on 29 Mar’22. Amidst the uncertain price movements, buyers opted for a wait-and-watch mode which led to subdued trading in the spot market throughout the day, SteelMint learnt from sources. Meanwhile, there were plenty of offers in the…