Tag: selected scrap
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India: BigMint’s scrap index increase by INR 100/t even as steel demand remains stable
Sponge iron prices remain unchanged today Finished steel prices up INR 300/t d-o-d BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 37,600/t DAP on 2 January. A mill owner informed, “The overall steel market in Mandi appears to be stable, with mills continuing their routine…