Tag: BigMint scrap index

India: BigMint’s ferrous scrap index shows positive trend w-o-w

Feb 24, 2024

—

by

Tarun Naidu

in Melting Scrap

The index for domestic steel scrap (end-cutting) in Mandi Gobindgarh declined by INR 100 per tonne (t), reaching INR 37,800/t on a delivered-at-plant (DAP) basis on 24 February, 2024. Scrap prices in the region saw a positive w-o-w trend, increasing by approximately INR 700/t. Weekly scenario During the weekly overview in Mandi, there was an…