Tag: BigMint scrap index

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

Feb 9, 2024

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by

Tarun Naidu

in Melting Scrap

As per BigMint’s assessment on 9 February 2024, the index for domestic steel scrap (end-cutting) in Mandi Gobindgarh witnessed a decrease of INR 200/tonne (t), settling at INR 36,800/t on a delivered-at-plant (DAP) basis. “The recent surge in domestic steel scrap availability over the last couple of days has empowered mills to tactically cut down…