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

India: BigMint’s ferrous scrap index rises by INR 300/t ($3.60/t) d-o-d

May 20, 2024

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by

Tarun Naidu

in Manganese Ore

Moderate trading in semi-finished, finished markets Mandi mills engage in routine operations BigMint’s domestic steel end-cutting scrap index for Mandi Gobindgarh rose by INR 300/tonne (t) to INR 41,200/t DAP. Scrap prices experienced a daily increase of INR 300-400/t in mandi today, attributed to moderate trading in semi-finished and finished markets. Ingot prices had dropped…