Tag: Loha Mandi+scrap prices+mandi scrap+steel prices+steel news+ BigMint’s ferrous scrap index fell by INR 400/t

Slow market continues to impact steel prices Pressure mounts on scrap suppliers in Mandi BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market has fallen for the fifth consecutive day, dropping by INR 400/t to INR 41,500/t DAP on 10 May, 2024. With mills facing pressure from subdued demand in the semi-finished and finished…