Tag: Mandi scrap index prices

India: BigMint’s scrap index remains stable on moderate buying enquiries

May 15, 2024

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by

Kamal Gohil

in Melting Scrap

Steady supply of scrap catering to mills requirements Steelmakers face uncertainty about future direction On 15 May, 2024, BigMint’s domestic scrap (end-cutting) index held firm at INR 40,600/t DAP Mandi Gobindgarh. Despite fluctuations in trade dynamics, the Mandi market saw a steady supply of scrap catering to the requirements of mills. Steel market Steel ingot…