Tag: BigMint’s ferrous scrap index drops INR 300/t

India: BigMint’s ferrous scrap index drops by INR 300/t ($4/t) – 29 April

Apr 29, 2024

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by

Tarun Naidu

in Melting Scrap

Moderate demand seen in imported scrap Muted trade activity in domestic scrap Scrap auction sees higher bids BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market declined by INR 300/tonne (t) to INR 40,400/t DAP on 29 April, 2024. Market sentiments remained subdued with lacklustre trade activity prevailing in Mandi. The most notable price…