Author: Tarun Naidu

India: BigMint’s melting scrap index slides for 2nd consecutive day amid weak steel demand – 10 Oct

Oct 10, 2024

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices stable for past 2 days Semis, finished steel drop by INR 100/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged down by INR 200/tonne (t) d-o-d to INR 38,500/t DAP on 10 October 2024. Weak demand in the semi-finished and finished steel markets in the past few days has…