Tag: BigMint’s ferrous scrap index climbs by INR 1100/t+Mandi scrap prices+mandi steel market+mandi market today

BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market significantly increased by INR 1,100/t to INR 39,100/t DAP on 15 July, 2024. Factors supporting scrap prices Several key factors are driving scrap and ingot prices upward. A significant shortage of scrap has been observed in major markets, creating supply constraints. Additionally, there have been…