Tag: BigMint melting scrap assessment

India BigMint’s ferrous scrap index falls by INR 200/t d-o-d as market remains quiet

May 13, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices remain steady d-o-d Semis, finished steel prices dip INR 200-700/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 200/tonne (t) d-o-d to INR 37,000/t DAP on 13 May 2025, as the market remained silent in both halves of the trading session. A mill owner informed: “Today’s trading…