Tag: BigMint scrap index

India: BigMint’s ferrous scrap index falls by INR 300/t d-o-d

Mar 1, 2024

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by

Tarun Naidu

in Melting Scrap

The Mandi Gobindgarh steel market experienced a decrease in prices for domestic end-cutting scrap. Prices declined by INR 300/tonne (t), reaching INR 37,700/t delivered at plant. Mills in the region are procuring domestic scrap at moderate price levels, while the finished steel market witnessed a muted trend today. Market conditions fluctuated throughout the week, with…