Tag: Mandi scrap index prices

India: BigMint’s scrap index falls INR 300/t d-o-d on sluggish steel demand – 6 Jan

Jan 6, 2025

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by

Kamal Gohil

in Melting Scrap

BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged down by INR 300/tonne (t) d-o-d to INR 37,000/t ($432/t) DAP on 6 January, 2025. Steel trading in the Mandi market remained sluggish, with a noticeable decline in demand for finished steel products from neighbouring regions. Liquidity challenges further weighed on trading sentiment. Additionally,…