Tag: BigMint’s ferrous scrap index touches 7-month high prices
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India: BigMint’s ferrous scrap index hits 7-month high
BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh steel market increased by INR 600/tonne (t) to INR 41,800/t DAP on 17 April. Today, the scrap index increased to its peak in the last seven months, marking a notable uptick in prices. The last time it reached such levels was observed on 16 September, 2023.…