Author: Romil Sethi
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BigMint’s Daily Trade Sheet – 13 Feb’24
On February 13, 2024, BigMint’s domestic steel scrap index in Mandi Gobindgarh fell by INR 200/t, hitting INR 36,500/t on a delivered-at-plant (DAP) basis, a 31-month low. Mills in Mandi are acquiring domestic scrap at subdued levels, mirroring the sluggish activity seen in the semis and finished steel market. BigMint’s billet index dropped slightly by…