SteelMint

Tag: Mandi scrap index prices

  • India: BigMint’s ferrous scrap index drops by INR 100/t d-o-d

    India: BigMint’s ferrous scrap index drops by INR 100/t d-o-d

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    by

    Kamal Gohil
    in

    Steelmakers procure moderate volumes of scrap Liquidity shortfalls keeps market under pressure BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 100/tonne (t) d-o-d to INR 36,700/t ($427/t) DAP on 9 January 2025. Overall, the market was stable, with minor fluctuations observed in raw material and semi-finished steel prices. Steelmakers bought…