Tag: BigMint’s ferrous scrap index slightly up by INR 100/t d-o-d

Slight supply tightness support prices Finished steel market sees slight slowdown BigMint’s domestic end-cutting scrap index monitoring the Mandi Gobindgarh market marginally increased by INR 100/tonne (t) to INR 40,800/t DAP on 28 May, 2024. Prices rose fuelled by a shortage of scrap while mills grappled with subdued demand in the finished steel segment. Liquidity…