Author: Romil Sethi
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BigMint’s Daily Trade Sheet – 9 May’24
BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market continued to decline for the fourth consecutive day. Scrap index fell by INR 300/tonne (t) to INR 41,900/t DAP on 9 May 2024. The Mandi market saw a persistent decline in semi-finished steel prices, along with subdued purchasing interest from mills. BigMint’s billet index fell…