Tag: India:BigMint scrap index falls INR 200/t amid muted steel demand+GST council meeting+melting scrap+Mandi scrap market+mandi scrap prices+ingot prices mandi+todays market mandi
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India: BigMint’s scrap index falls by INR 200/t amid muted steel demand – 9 Sep’24
Sponge iron prices remain constant d-o-d Semis, finished steel fall by INR 100/t today BigMint’s domestic end-cutting scrap index, which tracks the Mandi Gobindgarh market, dipped by INR 200/tonne (t) to INR 36,800/t DAP on 9 September 2024. A mill owner reported that a significant slowdown in demand was witnessed in today’s trading session in…