Tag: Alang market scrap prices

India: BigMint’s scrap index slides by INR 200/t d-o-d amid sluggish steel demand – 11 Dec

Dec 11, 2024

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by

Tarun Naidu

in Melting Scrap

Market faces liquidity pressure amid weak finished sales Leading automaker’s CR busheling auction sees price drop BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 36,300/t DAP on 11 December 2024. Scrap procurement by steel mills slowed today, with prices declining steadily over the past three…