Tag: BigMint scrap index

  • India: BigMint’s scrap index falls for third consecutive day

    India: BigMint’s scrap index falls for third consecutive day

    BigMint’s domestic steel scrap (end-cutting) index for Mandi Gobindgarh, Punjab, fell by INR 100/t to INR 40,800/t on a delivered-at-plant (DAP) basis. Steel prices in the region remained range-bound amid moderate trading activity. In Punjab’s steel market, significant decline in prices was observed, with scrap prices falling by approximately INR 1,000-1,300/t w-o-w. Other raw materials…