Tag: India:BigMint ferrous scrap index remains stable+mandi update+mandi scrap prices today+steel market

Sponge utilisation increases in Mandi Chennai market sees a drop by INR 300/t in semis prices BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained unchanged at INR 37,700/t DAP on 26 July, 2024. Mills are currently sourcing domestic scrap as imported scrap is not viable. The overall market remains stable with slow…