Tag: Mandi scrap index prices

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

May 27, 2024

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by

Kamal Gohil

in Melting Scrap

BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market fell slightly by INR 100/tonne (t) to INR 40,700/t DAP on 27 May, 2024. The steel market observed moderate trading activity, with routine operations seen in the scrap segment, while suppliers are cautiously anticipating further positive developments in the near term. Steel market Steel ingot…