Tag: BigMint ferrous scrap index
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India: BigMint’s scrap index rises amid moderate market activities
On 8 April, 2024, the BigMint domestic steel scrap index (end-cutting) at Mandi Gobindgarh rose by INR 100/tonne (t) to INR 40,600/t DAP. This rise comes after a decline of INR 700-1,000/t was seen in yesterday’s trading session. The scrap market remained stable today, with moderate demand observed from mills. Additionally, Mandi mills continued to…