Tag: India:BigMint’s ferrous scrap index remains steady on 25 July+mandi scrap update+mandi market+mandi steel news

Mandi continues to see slower steel demand Raw material prices remain range-bound today BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 37,700/t DAP on 25 July, 2024. “The Mandi market is facing a combination of slow steel demand and a shortage of scrap. Additionally, the bid-offer disparities between imported…