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Tag: BigMint’s ferrous scrap index dipped by INR 100/t on 8 May

  • India: BigMint’s ferrous scrap index dips INR 100/t d-o-d

    India: BigMint’s ferrous scrap index dips INR 100/t d-o-d

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    by

    Tarun Naidu
    in

    Scrap suppliers adopt wait-and-see approach Mixed trend seen in Mandi market BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market decreased by INR 100/tonne (t) to INR 42,200/t DAP on 8 May, 2024. In terms of scrap procurement, there are notable disparities as mills anticipate further drop in prices prompting suppliers to offer discounts.…