Tag: BigMint scrap index

India: BigMint’s scrap index rises INR 200/t ($2.4/t) despite moderate demand

Mar 28, 2024

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by

Tarun Naidu

in Melting Scrap

BigMint’s domestic steel scrap index (end-cutting) in Mandi Gobindgarh recorded a rise of INR 200/t, settling at INR 37,400/t on a delivered-at-plant (DAP) basis on 28 March, 2024. Moderate trading activity has been observed in the market over the past few days. In Mandi, there was an upward movement in steel ingot prices today, with…