Tag: BigMint steel index

India: BigMint’s ferrous scrap index drops INR 100/t d-o-d

May 1, 2025

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by

Kamal Gohil

in Melting Scrap

Semis tags soften by INR 100/t d-o-d Rebar prices down INR 100/t in Mandi BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined slightly by INR 100/t d-o-d to INR 36,700/t DAP on 1 May, 2025. Today’s steel market remained largely unchanged, as buyers stayed on the sidelines. Steel mills continue to face…