Tag: HMS 80:20 scrap price India

  • India: BigMint’s ferrous scrap index remains stable w-o-w

    India: BigMint’s ferrous scrap index remains stable w-o-w

    Sponge iron prices decrease by INR 280/t w-o-w Finished steel prices remain steady w-o-w BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market remained stable w-o-w, despite minor fluctuations driven by scrap shortages, subdued steel demand, and ongoing GST inspections. However, the index dropped by INR 350/t d-o-d to INR 36,500/t DAP on 6…