Tag: BigMint’s scrap index witness edge up+mandi scrap market+mandi scrap prices+mandi market+steel scrap
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India: BigMint’s scrap index rises by INR 100/t ($1.20/t) amid moderate trade
Scrap market witnesses decent trade activity Buyers restrict themselves from bulk bookings BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market rose by INR 100/tonne (t) ($1.20/t) to INR 38,600/t ($462/t) DAP on 3 July, 2024. Mills are continuing to procure domestic steel scrap in the region, while the finished steel market experienced range-bound…