Author: Tarun Naidu

India: BigMint’s scrap index rises by INR 600/t d-o-d amid rising steel demand-24 Sept’24

Sep 24, 2024

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices rise by INR 200/t d-o-d Semis’, finished steel prices rise by INR 500/t-550/t BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market has shown a healthy increase of INR 600/t, bringing the price to INR 36,900/t DAP today. While the availability of raw materials remains average, the rise in scrap prices…