Author: Tarun Naidu
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India: BigMint’s ferrous scrap index remains steady d-o-d amid mixed trends – 1 Oct
Sponge iron prices increase by INR 300/t d-o-d Finished steel offers improve by INR 300/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable at INR 38,200/t DAP. Today, while the market experienced moderate activity in scrap buying, a slowdown in the semi-finished steel market was noticed compared to the previous…