Tag: Mandi scrap index prices
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India: BigMint’s scrap index remains stable on moderate supply of scrap
Slow trade activities for semi-finished steel in Mandi Steelmakers face uncertainty about future direction On Monday, BigMint’s domestic scrap (end-cutting) index held firm at INR 37,500/t ($446/t) DAP Mandi Gobindgarh. Despite fluctuations in trade dynamics, the Mandi market saw a moderate level supply of scrap catering to the requirements of mills. Raw materials overview Sponge…