Author: Tarun Naidu

BigMint’s domestic steel scrap (end-cutting) index remained stable at INR 37,500/t DAP Mandi Gobindgarh on 29 January, 2024. In today’s market, scrap trading showed a moderate pace as mills secured scrap at decent levels. The heightened demand for sponge iron in Mandi can be attributed to the scarcity of scrap and the impracticality of relying…