Tag: India: BigMint’s ferrous scrap index slides marginally amid supply concern

Scrap shortage seen in Mandi market Semis’ prices drop by INR 100-700/t BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market marginally dropped by INR 100/tonne (t) to INR 41,600/t DAP on 5 June, 2024. Throughout both halves of the trading session, the market remained subdued for semi-finished and finished steel. However, scrap prices…