Author: Tarun Naidu
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India: BigMint’s ferrous scrap index stays stable -29 Aug’24
Sponge iron prices rise by INR 200/t today Finished steel prices drop INR 100/t d-o-d BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained steady at INR 37,000/t DAP on 29 August, 2024. Today’s market was characterized by a noticeable mismatch between sellers’ and buyers’ expectations. Sellers were hopeful about an uptick in…