Tag: Mandi scrap index prices

India: BigMint’s ferrous scrap index falls by INR 100/t d-o-d

Feb 16, 2024

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by

Kamal Gohil

in Melting Scrap

BigMint’s index for domestic steel scrap (end-cutting) in Mandi Gobindgarh recorded a drop of INR 100/t on 16 February, 2024, reaching INR 36,800/t on a delivered-at-plant (DAP) basis. The mills in Mandi are acquiring domestic scrap at a subdued level today, aligning with the sluggish activity observed in the finished steel market. Semis’ market In…