Tag: Mandi scrap index

India: BigMint’s scrap index rises INR 100/t ($1.2/t) amid supply pressure

Mar 27, 2024

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by

Tarun Naidu

in Melting Scrap

BigMint’s domestic end-cutting scrap price index, which monitors the Mandi Gobindgarh steel market, witnessed an uptick on 27 March 2024, with prices rising by INR 100/t to reach INR 37,200/t DAP. The scarcity of scrap persists in Mandi, along with liquidity crunch in the market. Semis, finished steel market In Mandi, steel ingot prices increased…