Tag: End-cutting-billets spread

India: BigMint’s scrap index continues to fall for third day in a row-15 Nov

Nov 15, 2024

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by

Tarun Naidu

in Melting Scrap, Uncategorized

Raw material prices drop INR 300/t d-o-d Semis, finished steel prices dip INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped INR 200/t to INR 36,700/t DAP on 15 November 2024. Domestic steel scrap prices have declined by around INR 800/t over the past three days, driven by sluggish demand and…