Tag: Mandi scrap index prices

India: BigMint’s scrap index falls INR 300/t on muted steel demand – 15 Oct’24

Oct 15, 2024

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by

Kamal Gohil

in Melting Scrap

BigMint’s domestic end-cutting scrap index, which tracks the Mandi Gobindgarh market, fell by INR 300/tonne (t) to INR 38,500/t DAP on 15 October 2024. A mill owner reported that a significant slowdown in demand was witnessed in today’s trading session in the Mandi steel market. Both the morning and afternoon sessions saw limited buyer activity,…