Tag: BigMints scrap index

On 30 January, 2024, BigMint’s domestic steel scrap (end-cutting) index increased by INR 100/t settling at INR 37,600/t on a delivered-at-plant (DAP) basis in Mandi Gobindgarh. The Mandi steel market continues to witness moderate trade activity with mills procuring decent scrap volumes. Major mills are maintaining 24×7 production, and the supply of sponge iron remains…