Tag: Ludhiana Pig Iron Rates

India: BigMint’s scrap index drops INR 100/t on weak steel demand-26 Nov

Nov 26, 2024

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip INR 200/t Semis, finished steel prices down INR 100/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market dipped INR 100/t to INR 36,100/t DAP on 26 November 2024. Subdued demand in semi-finished and finished steel has pushed scrap suppliers to cut offers, with prices dropping by INR 300/t…