Tag: BigMint’s ferrous scrap index soars by INR 400/t as steel prices strengthen+mandi update+mandi steel market+scrap market trend+scrap prices+steel scrap+mandi ingot+tmt+gst issue+mandi market

Sponge iron prices up INR 200/t Semis, finished steel prices rise INR 300-400/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, climbed INR 400/tonne (t) d-o-d to INR 38,800/t DAP on 14 October 2024. In the Mandi market, tight supply of scrap persists as mills continue to procure average volumes while also…