Tag: scarp prices+mandi update+mandi news+mandi trend+scrap

India: BigMint’s ferrous scrap index dips by INR 100/t-11 Oct

Oct 11, 2024

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by

Tarun Naidu

in Melting Scrap

Raw material prices remain range-bound Finished steel prices slide by INR 100/t today BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, edged down by INR 100/tonne (t) d-o-d to INR 38,400/t DAP on 11 October 2024. The scrap market has remained weak in recent days, with mills sourcing scrap only as needed and…