Tag: BigMint scrap index
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India: BigMint’s scrap index rises by INR 300/t on improved trading
The latest report from BigMint on 29 February, 2024, revealed a price hike in domestic end-cutting scrap at the Mandi Gobindgarh steel market. Prices rose by INR 300/t, reaching INR 38,000/t delivered at the plant. Today, scrap procurement faced a slight tightening from mills as scrap prices increased, which can be attributed to improvements in…