Tag: India:BigMint’s scrap index slides by INR 300/t amid weak steel demand-10 Dec

Alternate raw materials witness a price drop Semis, finished steel prices dip INR 100-200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market dropped by INR 300/t to INR 36,500/tonne (t) DAP on 10 December 2024. Steel mills are facing sales pressure in both the semi-finished and finished steel segments. Additionally, scrap procurement…