Tag: Mandi scrap index prices

India: BigMint’s scrap index falls INR 300/t d-o-d on subdued steel demand

Oct 30, 2024

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by

Kamal Gohil

in Melting Scrap

Semi-finished steel prices drop INR 300/t Sponge iron prices dip INR 200/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged down by INR 300/tonne (t) d-o-d to INR 35,600/t DAP on 30 October 2024. The scrap market has remained weak in recent days, with mills sourcing scrap only as per requirement…