Tag: inventory levels
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India: BigMint’s ferrous scrap index rises INR 300/t d-o-d
Raw material prices rise by INR 100-300/t d-o-d Semi-finished steel prices up INR 300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 300/t to INR 35,600/t DAP on 4 November 2024.The steel market appeared to be stable in terms of demand, although transportation issues related to the ongoing festival season…