Tag: BigMints scrap index unchanged despite price disparities

BigMint’s domestic scrap (end-cutting) index remained steady at INR 37,700/t DAP Mandi Gobindgarh on 7 March, 2024. The scrap procurement activity was affected by a disparity between buyers and sellers, resulting in only a few mills in need purchasing scrap at suppliers price. Semis’ market The latest update from Mandi indicates an increase in steel…