Tag: steelmint scrap index

India: SteelMint steel scrap index rises by INR 1,200/t amid tight supply

Nov 30, 2022

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by

Shankar

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index rose by INR 1,200/t to INR 41,500/t DAP Mandi Gobindgarh on 30 November, 2022. Scrap buyers raised their bids to secure adequate quantities backed by a marginal rise in semi-finished steel prices. Ingots prices in the Mandi market today rose by INR 1,300/t to INR 46,800/t DAP, at the…