Tag: India:BigMint’s scrap index surges by INR 400/t+Mandi updates+scrap prices+steel scrap
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India: BigMint’s scrap index rises by INR 400/t ($4.80/t) – 16 May
Steel market shows improved demand Raigarh sees surge of around INR 700/t BigMint’s domestic steel end-cutting scrap index for Mandi Gobindgarh rose by INR 400/t to INR 41,000/t DAP. The market saw some improved trading activity in all steel segments from yesterday evening. Moreover, spot demand also improved. This rise can be attributed to active…