Tag: India:BigMint’s ferrous scrap index dips INR 100/t d-o-d amid stable market+mandi scrap prices+mandi steel market+india scrap market

Mills procuring scrap at a moderate pace Steel market slow over the last couple of days BigMint’s domestic end-cutting scrap index, which monitors the Mandi Gobindgarh market, decreased by INR 100/tonne (t) to INR 41,100/t DAP on 24 May, 2024. Mills persisted in sourcing scrap from the region, while buyers in the semi-finished steel market…