Tag: steelmint scrap index

India: SteelMint’s scrap index edges down by INR 200/t d-o-d on low steel demand

Mar 28, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 200/tonne (t) to INR 42,500/t DAP Mandi Gobindgarh on 28 March, 2023. Limited demand for semi-finished and finished steel drove down scrap prices. Today, steel ingots prices in Mandi decreased by INR 100/tonne to INR 48,300/t at the time of reporting and price normalisation. Prices in…