Tag: SteelMint Mandi scrap index

SteelMint: India’s domestic steel scrap index drops INR 500/t amidst bearish sentiments

Mar 10, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 500/tonne (t) to INR 54,500/t DAP Mandi Gobindgarh on 10 Mar’22. In today’s trading session, the ingot price fell to INR 62,300/t at the start of the day. However, later, it rebounded. The scrap market continues to remain bearish amidst persistent dull sentiments in the semi-finished…