Tag: mumbai steel market trend

India: BigMint’s ferrous scrap index rises INR 200/t amid moderate trading

Dec 27, 2024

—

by

Tarun Naidu

in Melting Scrap

Tight liquidity keeps trading volume muted Rolling mills opt for night ops on power costs BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, rose by INR 200/tonne (t) d-o-d to INR 36,800/t DAP on 27 December 2024. The steel market in Mandi remained range-bound, with raw material and semi-finished steel prices experiencing slight…