Tag: Loha Mandi+scrap prices+mandi scrap+steel prices+steel news+ BigMint’s ferrous scrap index fell by INR 400/t
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India: BigMint’s ferrous scrap index fell by INR 400/t on 10 May’24
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…