Tag: steel demand trend

India: BigMint’s ferrous scrap index rises INR 300/t on uptick in steel prices

Nov 21, 2024

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by

Kamal Gohil

in Melting Scrap

Mills actively procure scrap as demand surges Steel ingots rise INR 300/t, rebar up INR 200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, climbed up by INR 300/tonne (t) ($4/t) d-o-d to INR 36,600/t ($433/t) DAP on 21 November 2024. Today, the Mandi scrap market experienced decent trading activity, with the major…