Tag: BigMint ferrous scrap index

India: BigMint’s ferrous scrap index continues to decline for second consecutive day

Apr 19, 2024

—

by

Tarun Naidu

in Melting Scrap

Scrap prices see a price drop Bulk scrap arrives in India BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh steel market decreased by INR 200/tonne (t) to INR 41,500/t DAP on 19 April. Mills remained committed to securing scrap at discounted rates from suppliers, and while there was increased activity in today’s scrap market…