Tag: BigMint steel assessment

India: BigMint’s scrap index falls by INR 200/t d-o-d amid cautious market sentiments

Mar 3, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices dip INR 100/t Semis, finished steel tags dip INR 200-300/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 200/tonne (t) d-o-d to INR 36,400/t DAP on 3 March 2025.Today, the market stayed within a narrow range, with prices in line with expectations from key mills. Steel demand…