Tag: India: BigMint’s scrap index maintains upward trajectory for the fifth consecutive day

On 5 April, 2024, the BigMint domestic steel scrap index (end-cutting) at Mandi Gobindgarh rose a significant INR 1,500/tonne (t) to INR 41,200/t DAP. Scrap prices continued to improved for the fifth straight day as shortage in the material persisted in the market. Steel ingot prices increased by INR 1,500/t to INR 46,700/t DAP, as…