Tag: India:BigMints ferrous scrap index dips INR 400/t amid downtrend market+mandi market+mandi scrap prices+mandi steel news+todays mandi market

Slow demand for finished steel to continue in Mandi Prices of semis drop by INR 400/t in Durgapur BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market dipped by INR 400/t to INR 38,600/t DAP on 18 July, 2024. The continuous decrease in finished steel prices is putting pressure on mills, with liquidity issues…