Tag: BigMint’s ferrous scrap index climbs by INR 1100/t+Mandi scrap prices+mandi steel market+mandi market today
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India: BigMint’s scrap index remains stable d-o-d amid muted steel demand
Raw material prices remain stable d-o-d Semi-finished, finished see dull trade BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 36,700/t DAP on 10 January, 2025. A mill owner informed, ‘The steel market continues to witness subdued trade activity in both the semi-finished and finished steel segments, pushing sellers…