Tag: India:BigMints scrap index rises by INR 200/t d-o-d amid a surge in steel demand+mandi scrap market+mandi scrap prices+old scrap+steel market trend mandi+punjab steel market

Mills continue to procure domestic steel scrap, sponge iron Trade inquiries improve in the finished steel market BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market inched up by INR 200/tonne (t) to INR 36,000/t DAP today. Mills are continuing to procure domestic steel scrap along with sponge iron, as imported scrap offers remain…