Tag: India:BigMint’s ferrous scrap index falls for third consecutive day

India: BigMint’s ferrous scrap index falls for third consecutive day

Jul 19, 2024

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by

Tarun Naidu

in Melting Scrap

Scrap shortage, price disparity persist in Mandi market Mills increase share of sponge iron in feed mix BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market decreased by INR 300/t to INR 38,300/t DAP on 19 July, 2024. Scrap prices continued to move down for the third straight day amid limited buying by the…