Tag: India: BigMint ferrous scrap index sharply up amid moderate market 24 Oct

India: BigMint’s ferrous scrap index rises INR 100/t d-o-d -24 Oct

Oct 24, 2024

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by

Tarun Naidu

in Melting Scrap

Raw material prices drop d-o-d Semi-finished steel prices remain steady BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose marginally by INR 100/tonne (t) d-o-d to INR 36,700/t DAP on 24 October 2024. The first half of today’s trading session was relatively inactive as buyers waited for prices to drop further. In the…