Author: Tarun Naidu
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India: BigMint’s ferrous scrap index remains stable for third consecutive day
Sponge iron prices remain constant d-o-d Finished steel prices see a marginal drop BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market remained steady at INR 37,100/t DAP on 16 August 2024, marking its third consecutive day at this level. Mandi steel market mills continued with moderate purchases. Buyers were hesitant to book imported…