Tag: India:BigMints ferrous scrap index continues to slide amid lackluster steel demand+mandi update+rcm +gst on scrap+mandi scrap market+mandi scrap prices trend+mandi ingot+steel market mandi

BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market fell by INR 200/tonne (t) to INR 36,600/t DAP today. The market saw minimal trading activity as prices continued to fall in both the semi-finished and scrap segments. Market response on RCM A mill owner told BigMint: “The new government policy on the Reverse Charge…