Tag: BigMint’s ferrous scrap index continues its ascent amidst scrap scarcity
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India: BigMint’s ferrous scrap index continues to rise amid tight supplies
BigMint’s domestic steel end-cutting scrap index in Mandi Gobindgarh increased by INR 600/t to INR 39,000/t DAP on 3 April 2024. Despite the ongoing scarcity of scrap in the Mandi market, trading activity has showed signs of improvement over the past couple of days. Steel market Steel ingot prices rose by INR 500/t to INR…