Tag: BigMint ferrous scrap index

BigMint’s domestic steel scrap (end-cutting) index for Mandi Gobindgarh, Punjab, slightly decreased by INR 100/t to INR 40,700/t on a delivered-at-plant (DAP) basis. Scrap prices were down by around 500-1,200/t w-o-w in the region. Today, the market exhibited slower trade activity compared to the previous day, as buyers adopted a wait-and-see approach, anticipating further price…