Tag: India: BigMint’s scrap index drops by INR 200/t($2.36/t) amid subdued demand

Scrap prices drop by INR 2,000/t within ten days Alang ship-breaking scrap prices climbed by INR 700/t BigMint’s domestic end-cutting scrap index fell by INR 200/t to INR 39,000/t DAP in Mandi Gobindgarh market on 21 June, 2024. In the northern steel market, finished steel demand remains weak, and raw material prices continue to fall.…