Tag: India:BigMints ferrous scrap index touches nearly three weeks low prices+mandi scrap prices+mandi market trend+near term mandi+steel market mandi+
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India: BigMint’s ferrous scrap index falls to nearly 3-week low -2 Sept’24
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…