Tag: BigMint’s ferrous scrap index decline by INR 100/t amid moderate market

India: BigMint’s ferrous scrap index drops INR 100/t d-o-d amid moderate trading activities

May 7, 2024

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by

Tarun Naidu

in Melting Scrap

Scrap market witnesses stable trends Elections in some states halt market momentum BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market slightly fell by INR 100/tonne (t) to INR 42,300/t DAP on 7 May, 2024. The steel market observed moderate trading activity, with routine operations seen in the scrap segment, while suppliers are cautiously…