Tag: SteelMint’s domestic scrap index falls

SteelMint’s domestic steel scrap (end-cutting) index fell by INR 400/tonne (t) to INR 42,500/t DAP Mandi Gobindgarh on 7 February, 2023. Low demand for semi-finished steel and finished products put downward pressure on scrap prices. Prices of steel ingots in Mandi Gobindgarh opened on a positive note at INR 48,500/t in morning trade today, but…