Tag: BigMint ferrous scrap index
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India: BigMint’s scrap index declines by INR 200/t -24 Jan
On 24 January, 2024, BigMint’s domestic steel scrap (end-cutting) index recorded a decrease of INR 200/t, settling at INR 37,300/t on a delivered-at-plant (DAP) basis in Mandi Gobindgarh. In Mandi, there has been a decent arrival of scrap witnessed in the region, but due to slow trade activity, mills were procuring scrap in average volumes.…