Tag: BigMint ferrous scrap index
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India: BigMint’s scrap index rises amid moderate trade activities
An increase in prices for domestic end-cutting scrap at Mandi Gobindgarh steel market was noticed on Monday. Prices surged by INR 200/t, reaching INR 37,800/t on delivery at the plant. Today, steel manufacturers in Mandi were actively acquiring domestic scrap at favourable levels. Meanwhile, market activity in the region’s semi-finished and finished steel segments remained…