Tag: India: BigMint’s ferrous scrap index hit a 10-week low amid limited demand+Mandi scrap prices+mandi scrap+mandi market

Scrap prices fall in Mandi on soft demand Pig iron prices drop INR 1,100/t d-o-d in Ludhiana BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market fell by INR 300/t to INR 40,000/t DAP on 17 June, 2024. Weekly scrap prices have seen a reduction of INR 1,200/t, primarily due to subdued demand from…