Tag: BigMint ferrous scrap index

India: BigMint’s ferrous scrap index falls by INR 100/t d-o-d amid moderate demand

Feb 26, 2024

—

by

Tarun Naidu

in Melting Scrap

The Mandi Gobindgarh steel market witnessed a decline in domestic end-cutting scrap prices on 26 February’2024, as reported by BigMint. Prices dropped by INR 100 per tonne, settling at INR 37,700 per tonne delivered at plant. This comes amidst a moderate market in semi-finished and finished steel in the region today, although mills maintained their…