Tag: Tender auction

India: BigMint’s scrap index drops INR 1,700/t w-o-w on muted demand-23 Oct

Oct 23, 2024

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by

Tarun Naidu

in Melting Scrap

Raw material prices fall by INR 200/t-500/t d-o-d Weak demand in semis, finished steel markets BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, deceased by INR 400/tonne (t) d-o-d to INR 36,600/t DAP on 23 October 2024. On a weekly basis, scrap prices dipped INR 1,700 to INR 2,200/t, reflecting muted buying activity…