Author: Tarun Naidu

India: BigMint’s ferrous scrap index rises INR 600/t ($7.22/t)-3 June’24

Jun 3, 2024

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by

Tarun Naidu

in Melting Scrap

Scrap prices increase by INR 1,000-1,200/t w-o-w Mandi market participants hope prices will improve further BigMint’s domestic end-cutting scrap index which monitors the Mandi Gobindgarh market in north India rose by INR 600/t to INR 41,900/t DAP on 3 June, 2024. Amidst elections in Punjab the market remained closed for around two days, Saturday and…