Tag: India: BigMint’s ferrous scrap index falls by INR 100/t amid price disparities

Scrap market sees price disparities Conversion: scrap to ingot changes BigMint’s domestic steel scrap (end-cutting) index for Mandi Gobindgarh, Punjab fell by INR 100/t to INR 40,600/t on a delivered-at-plant (DAP) basis. There were noticeable price disparities in the major market as buyers showed reluctance to procure goods in significant volumes. Meanwhile, sellers were engaged…