Tag: India: BigMint’s ferrous scrap index dips

Sponge prices fall by INR 400/t d-o-d Ingot prices plunge by INR 300-700/t BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market fell by INR 500/tonne (t) ($6/t) to INR 38,100/t ($456/t) DAP on 5 July, 2024. Today’s trading session was quiet amid muted buying in semi-finished and finished steels. Steel mills focused on…