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India: BigMint’s scrap index drops by INR 300/t d-o-d amid muted steel market

Apr 17, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices decline by INR 200/t Semis, finished tags drop INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dropped by INR 300/tonne (t) d-o-d to INR 37,400/t DAP on 17 April 2025. The steel market in Mandi has been witnessing a consistent downtrend over the past few days, marked by…