Tag: BigMint’s scrap index improved by INR 300/t amid supply concern
-

India: BigMint’s scrap index rises INR 300/t amid supply concerns
Scrap shortage continues in Mandi Steel market shows improved demand BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market moved up by INR 300/tonne (t) to INR 41,100/t DAP on 29 May, 2024. In key markets, scarcity of scrap and liquidity challenges persisted. However, improved activity was seen in the semis and finished steel…