Tag: India:BigMints ferrous scrap index slides by INR 300/t as market remains muted+mandi scrap prices +mandi updates+mandi market news+scrap prices+old scrap

India: BigMint’s ferrous scrap index drops by INR 300/t on muted market -22 Aug’24

Aug 22, 2024

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by

Tarun Naidu

in Melting Scrap

Alternate raw material prices witness a drop d-o-d Semis’ prices decrease by INR 300/t today BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market fell by INR 300/tonne (t) to INR 37,300/t DAP on 22 August, 2024. Demand for semi-finished and finished steel was low in the region. Scrap shortage has enabled suppliers to…