Tag: SteelMint Mandi scrap index

SteelMint’s domestic steel scrap (end-cutting) index inched down by INR 150/tonne (t) to INR 41,150/t DAP Mandi Gobindgarh on 1 Jun’22. The shortage of scrap seems to be supporting semi-finished (ingot) prices despite low steel demand. Inter-state scrap movement remained limited owing to intense checking currently going on in order to prevent unaccountable transactions. Shipbreaking…