Tag: India: BigMint’s ferrous scrap index remains stable on 31 May+Mandi scrap prices+Mandi market

Prices of scrap, semis remain rangebound Scrap prices in Alang rise INR 300/t BigMint’s domestic end-cutting scrap index for the Mandi Gobindgarh market remained stable at INR 41,300/t DAP on 31 May, 2024. Moderate trade activity was seen in the region today, with mills persisting with their routine scrap purchases. Moreover, ongoing scrap shortages and…