Tag: BigMint’s ferrous scrap index drops by INR 200/t

India: BigMint’s ferrous scrap index drops INR 200/t ($2.40/t)-23 May

May 23, 2024

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by

Tarun Naidu

in Melting Scrap

Scrap prices witness marginal drop Imported bulk scrap vessel arrives at Chennai port BigMint’s domestic end-cutting scrap index, which tracks the Mandi Gobindgarh market in north India, fell by INR 200/tonne (t) to INR 41,200/t DAP on 23 May, 2024. Yesterday’s trading session witnessed a slightly sluggish pace in the semis and finished steel markets,…