Author: Tarun Naidu
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India: BigMint’s ferrous scrap index declines amid moderate trade
The latest update from BigMint on 2 March, 2024 revealed a price reduction in domestic end-cutting scrap at the Mandi Gobindgarh steel market. Prices saw a decrease of INR 100/t, settling at INR 37,600/t for delivery at the plant. In the region arrival of scrap was moderate, while mills procuring domestic scrap in decent levels.…