Tag: India:BigMint scrap index slips to INR 700/t today amid a sluggish semis market+mandi scrap prices+mandi steel market+today scrap prices+mandi market

India: BigMint’s scrap index dips INR 700/t d-o-d on weak steel market sentiments

Jul 22, 2024

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by

Tarun Naidu

in Melting Scrap

Semis’ prices fall by INR 1,700/t w-o-w Raw material prices witness continued decline BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market decreased by INR 700/t to INR 37,700/t DAP on 22 July, 2024. Today, scrap prices fell by INR 600-700/t, marking a decrease of INR 1,300/t to INR 1,500/t w-o-w. The Mandi steel…