Tag: BigMint’s ferrous scrap index climbed by INR 500/t($6) amid improved demand

India: BigMint’s ferrous scrap index rises by INR 500/t ($6/t) amid improved demand

Apr 30, 2024

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by

Tarun Naidu

in Melting Scrap

All major markets see improved demand Semis’ prices see increase of INR 100-750/t BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market increased by INR 500/tonne (t) to INR 40,900/t DAP on 30 April, 2024. In the Mandi steel market, there was an uptick in trade activity, particularly notable in the spot demand for…