Tag: India: BigMint’s ferrous scrap index remains constant

Scrap shortage persists in Mandi market Alang scrap prices drop INR 200/t d-o-d BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market remained stable at INR 37,500/t DAP on 9 July, 2024. A mill owner informed: “The Mandi market faced a scrap shortage as trade activity in semi-finished and finished steel remained subdued. Mills…