Tag: Mandi scrap index prices
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India: BigMint’s ferrous scrap index falls by INR 500/t on slow market trend
BigMint’s index for domestic steel scrap (end-cutting) in Mandi Gobindgarh recorded a drop of INR 500/t on 18 March, 2024, reaching INR 36,400/t on a delivered-at-plant (DAP) basis. According to market sources, “The primary reason behind the decline in scrap prices is attributed to the implementation of a code of conduct for the upcoming Lok…