Author: Tarun Naidu
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India: BigMint’s ferrous scrap index declines amid moderate trade – 22 Mar’24
Domestic end-cutting scrap prices in the Mandi Gobindgarh market, on 22 March, fell by INR 100/tonne (t), settling at INR 36,800/t for delivery at plant (DAP), as per BigMint’s assessment. Arrival of scrap in the region was moderate. Tier-two furnace mills procured domestic scrap in decent levels while the steel market witnessed moderate trade d-o-d.…