Author: Tarun Naidu

India: BigMint’s ferrous scrap index falls by INR 1,600/t ($19.16/t) w-o-w

May 13, 2024

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by

Tarun Naidu

in Melting Scrap

Steel market witnesses a sluggish pace Raw material prices decrease d-o-d BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market has fallen for the sixth consecutive day, dropping by INR 300/t to INR 40,800/t DAP on 13 May, 2024. In the region, scrap prices dipped by around INR 1,600- 1,900/t w-o-w with limited trade…