Tag: India: BigMint’s ferrous scrap index slides 700/t ($8.39/t) on 25-June

Mandi steel mills face challenges due to continuous price drop Mumbai market witnessed need based buying in finished steel BigMint’s domestic end-cutting scrap index fell by INR 700/t to INR 37,700/t DAP in the Mandi Gobindgarh market on 25 June, 2024. A scrap supplier informed: ”Due to sluggish demand in the semi-finished and finished steel…