Tag: BigMint’s domestic end-cutting scrap index+Punjab steel market+old scrap+mandi ingot+tmt+alang market+sponge iron+pig iron+ludhiana market+mumbai+imported scrap+hms+old scrap+mandi loha market
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India: BigMint’s scrap index slides by INR 300/t d-o-d amid weak steel demand
Sponge iron prices remain steady d-o-d Semis, finished prices fall INR 100-200/t BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, dipped by INR 300/tonne (t) d-o-d to INR 36,400/t DAP on 12 March 2025. A mill owner informed BigMint, “The festive week has led to disruptions in loading, unloading, transportation, and labour availability,…