Tag: India:BigMints ferrous scrap index touches fifth month low figure+steel market+scrap prices+steel scrap+mandi update+todays mandi steel market

India: BigMint’s ferrous scrap index drops to 5-month low – 9 Aug’24

Aug 9, 2024

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by

Tarun Naidu

in Melting Scrap

Raw material prices drop in Mandi Semis, finished steel prices dip INR 400-500/t d-o-d BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market dipped INR 500/t to INR 36,400/t DAP on 9 August, 2024. Scrap prices in the region have dropped to a five-month low and suppliers are concerned that further price decline may…