Tag: BigMint scrap index

India: BigMint’s scrap index inches up by INR 100/t ($1.21)

Mar 8, 2024

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by

Tarun Naidu

in Melting Scrap

According to BigMint’s report on 8 March, 2024, domestic end-cutting scrap prices in the Mandi Gobindgarh steel market rose by INR 100/t, reaching INR 37,800/t for plant delivery. Additionally, steel ingot prices in the region increased by INR 100/t to INR 43,200/t d-o-d, while rebar (Fe500) prices remained unchanged, reflecting moderate demand. “Following the second…