Tag: India:BigMints ferrous scrap index falls for fifth consecutive day

Sponge iron prices dip INR 300/t d-o-d Semis, finished steel prices drop INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne (t) d-o-d to INR 35,900/t DAP on 29 October 2024. The market remains subdued in terms of steel demand in Mandi. Scrap prices have been sliding for…