Tag: steelmint scrap index

India: SteelMint’s scrap index drops INR 400/t d-o-d

Mar 15, 2023

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by

Tarun Naidu

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index decreased by INR 400/tonne (t) to INR 43,300/t DAP Mandi Gobindgarh on 15 March, 2023. Domestic scrap is readily available in the market, as major mills are using imported scrap which is driving scrap prices down. Today, steel ingots prices in Mandi edged down by INR 500/t d-o-d to…