Tag: BigMint ferrous scrap index

India: BigMint’s ferrous scrap index slides down by INR 100/t – 18 Apr

Apr 18, 2024

—

by

Tarun Naidu

in Melting Scrap

BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh steel market decreased by INR 100/tonne (t) to INR 41,700/t DAP on 18 April. Today, there was a noticeable decrease in scrap buying activity from mills. This resulted in a price decline of INR 100-400/t across all grades compared to yesterday. Additionally, some mills have reduced…