Tag: BigMint’s ferrous scrap index fell by INR 400/t ($4.80/t) on 14 June’24+Mandi scrap+steel prices+steel prices

Slow demand continues to impact steel prices Imported scrap pressure on suppliers in Mandi BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market dropped by INR 400/tonne (t) to INR 40,400/t DAP on 14 June, 2024. With mills facing the pressure of subdued demand in the semi-finished and finished steel markets, scrap procurement has…