Tag: BigMint scrap index

India: BigMint’s scrap index surges by INR 1,300/t ($15.59/t) w-o-w

Apr 2, 2024

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by

Tarun Naidu

in Melting Scrap

BigMint’s domestic steel end-cutting scrap index for Mandi Gobindgarh climbed by INR 400/t to INR 38,400/t DAP. The market saw some improved trading activity in all steel segment from past couple of days, although shortage of scrap persisted in Mandi steel market. Prices for various grades of scrap in the region surged by INR 1,000-1,400/t…