Author: Tarun Naidu

India: BigMint’s ferrous scrap index declines by INR 600/t amid muted steel demand – 9 Oct

Oct 9, 2024

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by

Tarun Naidu

in Melting Scrap

Alternate raw material prices stable d-o-d Ingot prices drop by INR 300/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dropped by INR 600/t to INR 38,700/tonne (t) DAP on 9 October 2024. In today’s Mandi market, buyers were silent during both halves of the trading session. Aggressive inspections and a lacklustre…