Tag: BigMint’s ferrous scrap index+mandi scrap+mandi steel market+mandi+steel

India: BigMint’s ferrous scrap index rises INR 500/t ($6/t) as steel prices edge up

Jul 2, 2024

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by

Tarun Naidu

in Melting Scrap

Trade momentum picks up in Punjab market Prices of semis up INR 400/t d-o-d in Mandi BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market rose by INR 500/tonne (t) ($6/t) to INR 38,800/t DAP on 2 July, 2024. Trade activity in scrap picked up during today’s session, with mills in Mandi Gobindgarh actively…