Tag: BigMints ferrous scrap index hits 15th month low
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India: BigMint’s ferrous scrap index hits 15-month low amid subdued steel market
According to BigMint’s report on 7 February, 2024, the index for domestic steel scrap (end-cutting) in Mandi Gobindgarh declined by INR 100/tonne (t), reaching INR 36,800/t on a delivered-at-plant (DAP) basis. Mandi’s scrap market has seen a downward trajectory for the fourth day in a row, hitting its lowest price point in fifteen months since…