Tag: India:BigMints ferrous scrap index touches nearly three weeks low prices+mandi scrap prices+mandi market trend+near term mandi+steel market mandi+

Sponge iron prices down INR 100/t d-o-d Semis and finished steel prices continue to drop BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market fell by INR 200/tonne (t) to INR 36,800/t DAP on 2 Sept, 2024. The market is facing low demand and weak trading resulting in a steady drop in semi-finished and…