Tag: BigMint scrap index

India: BigMint’s ferrous scrap index dips INR 200/t d-o-d

Feb 21, 2024

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by

Tarun Naidu

in Melting Scrap

On 21 February 2024, BigMint’s index for domestic steel scrap (end-cutting) in Mandi Gobindgarh, Punjab, fell by INR 200 per tonne (t), settling at INR 37,400/t on a delivered-at-plant (DAP) basis. The steel market in the region remained range-bound amid moderate trade activity. Steel market Steel ingot prices in Mandi fell by INR 150/t d-o-d…