SteelMint

Tag: Mandi scrap prices+mandi market

  • India: BigMint’s ferrous scrap index remains stable on 7 June’24

    India: BigMint’s ferrous scrap index remains stable on 7 June’24

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    by

    Tarun Naidu
    in

    Semis’, scrap prices remain range-bound Mumbai steel market sees need-based buying BigMint’s domestic end-cutting scrap index tracking the Mandi Gobindgarh market remained stable at INR 41,300/tonne (t) DAP on 7 June, 2024. Moderate trade activity characterized the market, with mills persisting in their routine scrap purchases. Moreover, ongoing scrap shortages and liquidity concerns kept the…