Tag: BigMint scrap index

India: BigMint’s scrap index remains stable despite low trade inquiries

Feb 1, 2024

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by

Tarun Naidu

in Melting Scrap

On 1 February, 2024, the domestic steel scrap index by BigMint showed no change, maintaining stability at INR 37,400/t DAP in Mandi Gobindgarh. The steel market in Mandi experienced a lackluster performance for both semis and finished steel today. Additionally, a minor scarcity of scrap persisted in the market, and the overall market pace was…