Tag: India:BigMint’s scrap index decrease by INR 700/t+mandi steel market+mandi scrap prices+mandi market
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India: BigMint’s scrap index drops by INR 700/t ($8/t) amid muted steel demand
Sponge prices fall by INR 400/t, pig iron inches down HMS (80:20) prices in Mumbai remain stable d-o-d BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market dipped by INR 700/tonne (t) ($8.38/t) to INR 37,500/t ($449/t) DAP on 8 July, 2024. A mill owner informed: “The steel market experienced sluggish trade activities in…