Tag: Mandi scrap index -SteelMint

India: BigMint’s ferrous scrap index falls by INR 200/t d-o-d

May 2, 2024

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by

Kamal Gohil

in Melting Scrap

BigMint’s domestic end-cutting scrap index in the Mandi Gobindgarh market declined by INR 200/tonne (t) d-o-d to INR 41,300/t DAP on 2 May, 2024. Today’s market witnessed cautious and selective buying from buyers, resulting in muted trading activity. Steel ingot prices in Mandi fell by INR 200/t to INR 47,000/t during the price reporting and…