Tag: India: BigMints’s ferrous scrap index fell by INR 200/t amid muted demand

Steel prices continue to slide in Mandi Alang ship breaking scrap prices remain stable BigMint’s domestic end-cutting scrap index fell by INR 200/tonne (t) to INR 41,000/t DAP on 11 June 2024. Today, the mandi market saw a slowdown in trade activity due to weak demand in the semis and finished steel sectors. Buyers remained…